FKLI Daily: Directionless

Bull looks not to give up to gain back its momentum following resistance at 1020-1025 was violated. Consolidation phase will come to the end if market manage to breakout from its recent high at 1038 level. Otherwise, market may keep holding in sideways manner. To the downside, we are looking for the support at 1013.1006.5 (gap left over on 19/5/2009).