Nifty, moving the set direction with making a support range wider at 11550-11580. Though any closing is not yet come below the given chart range. So, it is a purely a consolidation signals. But, Looking at VIX to its near high makes it worry. So, be cautious with any trade until the Nifty closes above 11690-11720 levels. Once it give then the new high & our given levels will be achieved.
Here place SL 11558 for the target if 11700 & 11750.