FKLI Weekly: Bulls march higher

Bulls recharged energy to march higher and stayed at 1300 levels at close. Thus, we maintain positive view towards near term market with immediate upside resistance is looking at at 1310 followed by 1314-1348 (gap left over on 29/2/2008). To the downside, support is pegged at 1285-1275 followed by 1265-1250.