Disappointed bear rebound in FKLI

Disappointing bear rebound with a long upper shadow candle printed after prices failed to sustain at the higher end to close off the low in negative territory. Consolidation phase is likely to continue. We continue to look for the support at 1046.5-1048. For upside, resistance remained at 1092.5. A breakout from the either one may give more clearer direction to the market.