Saturday, January 6, 2018

Maskeliya Plc - MASK.N.0000, Testing the Gap Resistance. Breakout could take it up to test 28.00

After a massive rally in 2017, the counter is in a major correction. Once done we will see new highs. But before that it is checking in a Gap Resistance between 22 and 23.20, once complete it could test 24 as the near resistance and 28 as the distant test. There after with strong growth potential it would move higher. As there is a strong support at 19, if any one wants to collect at the present levels, should know that the down side risk is only 3 rupees.

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