VIKRAMTH trade ideas
Vikram Thermo- A bottom fishingVikram Thermo a microcap company is currently taking support and has a triangle formation in its chart. A buy can be considered now or after breaking the trendline.
The RSI is also looking for a breakout.
Risk-Reward Ratio is on the lower side with this setup. Strict SL at closing below 187 .
Patternwise looking very good for long termHowever, volume is the concern. very low volume counter. so need to go mild!
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.