In a session typical of Muhurat trading, Nifty opened higher on Sunday, came off its opening highs and eventually settled with modest gains. Muhurat trading sessions are ceremonial in nature. On most such occasions, people choose to book token profit to mark the auspicious day.The short one-hour session behaved on those lines, and Nifty ended with a modest gain of 43.25 points, or 0.37 per cent.Over the past several sessions, Nifty has been struggling to move past the 11,700-11,750 zone, which is a crucial resistance area for the index. A modestly positive opening cannot be ruled out on Tuesday, but the market will continue to face overhead resistance unless this zone is taken out convincingly.Unless Nifty moves past the 11,750 mark, it will remain vulnerable at higher levels. Nifty is likely to see the 11,690 and 11,750 levels act as resistance in Tuesday's session. Supports will come in lower at 11,580 and 11,505 levels.The Relative Strength Index (RSI) on the daily chart is at 61.4146. It continues to remain neutral and does not show any divergence against price. The daily MACD remains bullish and trades above the signal line. A Black Body has emerged on the candles. A near-similar open and high prices that marked the high point of Sunday's session can pose a mild resistance to Nifty.Pattern analysis of the daily charts suggests Nifty has halted its up-move near the double top resistance point at 11 700 level. The up-move was stalled near this point, and Nifty is consolidating as it continues to trade below the critical resistance area between 11,700 and 11,750 levels.We recommend not getting carried away by an up-move if at all there is any. The market is likely to put up a highly stock/sector-specific show going ahead, and we will see isolated outperformance in the market. Unless there is a secular up-move that is supported by buying and not just led by short covering, the rally should be chased very cautiously. A highly vigilant and cautious view is advised for the day.Milan Vaishnav, CMT, MSTA, is a Consultant Technical Analyst and founder of Gemstone Equity Research & Advisory Services, Vadodara. He can be reached at milan.vaishnav@equityresearch.asiaMilan Vaishnav, CMT, MSTA,