VIMTALABS VIMTALABS (Daily):-323.95 CMP, looks good for more upsides :)
1) Breakout Done :)
2) Volume Spurts
VIMTALABS
Vimta Labs Cup and Handle PatternPositional Trade: Vimta Labs breaks out of a cup and handle pattern.
Buy: Vimta Labs
CMP: 307
Target: Open
Stop Loss: 288
#VIMTALABS looks to be eligible counter for breakout above 280#VIMTALABS #VIMTA LABORATORIES looks to be a eligible counter for breakout above 280
The weekly charts are showing higher low formations and the daily charts are showing nice moves
On the daily charts the it has made the attempt twice to cross these levels in the last few months
The volume support has been steady/increasing in the recent past
Note : This article is for education and research purpose only , Please consult your financial advisor before taking any investment decisions
VIMTA LABS - Low Risk High RewardTravelling in the Parallel Channel.
Breakout from the Flag pattern.
Expecting a good move here.
Vimta Labvimta labs gives reversal pattern with high volume
Enter here Stop Loss 150 Week Close Basis
Vimta Labs - Buy, using simple support and Resistance linesSupport and Resistance lines act as good levels for entry and Exit. In the chart of Vimta labs, two resistance lines are drawn. The way to trade this setup is to either go long after the breach of first resistance line or to wait for the stock to retrace after the second touch of the resistance line.
Go long either around 76-77 or after 88 is taken out.
Target- 118
Stoploss - 70
Happy Trading,
VIMTALABSOn a move past 120-125 zone, this stock can gain momentum, I feel.
The current price is encouraging as well, to me. Ofcourse, I'm biased :)
View negated below 100.
