FKLI Daily: Bulls took a breathe

Bulls took a little breathe after hit the recent high at 1273.5. Overall immediate technical outlook still maintain firm uptrend. Thus, market looks may consolidate in order for a sustainable rally in near term. Thus, we continue to look for the upside projection at 1273.5 followed by 1280-1300. Downside support is adjusted to 1250 followed by 1230.