FKLI Daily: Slowly inching up

Market is inching up slowly to challenge the recent high at 1286.0. Thus, violation of it may see more room to bias upside potential in near term market. Currently, we are still looking for the immediate upside resistance at 1286 followed by 1300-1310. To the downside, immediate support is lies at 1270 followed by 1262-1258 (unfilled gap left over on 6/11/2009.