Virtuoso Optoelectronics Ltd

*Virtuoso Optoelectronics Ltd*

P&F Formation on Monthly Basis.
RBR on 3M TF: In 2nd Leg. Can see 6/7 Legs. Then Price can move in 4-Digits!!!
Vol. Consolidation Continued.

Price Resistance: 285/312

*Trail SL with Upside*
*Book Profit as per Risk Appetite*

*Snapshot*
Estb: '15, an OEM/ODM Co. Major Sales: ACs/LEDs. Expanding Portfolio. PLI Sheme Awardee.
Growing Sales / Profits: Yrly Basis. Stable Profitability Margins. Moderate Leverage.
Industry Outlook: Highly +ve.

*Concern*
80% Sales: Voltas / Panasonic. Capital Intensive, Limited Negotiation Room.

*_Do Your Own Research as well. This is an Opinion._*
Happy Investing 😇