FKLI Daily: Upswing mode may slow down

Market ended at day low after failed to sustain at 1030 level has slowing down the market upside momentum. Bull looks may want to take a breathe after the recent sharp rallied. Thus, market may consolidate in near term with upside resistance is stood at 1038-1040. To the downside, support remains at 998-993.5 (gap left over on 4/5/2009).