S&P seems to be ready to touch the 1356. There is a consistence bid in this market. Demand seems to be so strong that every down days has buyers rushing into the market.
Again very light Market breadh action today. Nothing seem to be moving much in this market.
Big cap also had a good day but we are loosing the volume from them. Since last three days, I don't see big volume comming into this market. We have some strong earning big cap with volume but again there are just few of them.
This is not a market to chase high flyer. Low volatility stocks with decent volume can be a good play here.
Long setups still can work fine given we have very tight stops on them.
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