Positional Trade: Vimta Labs breaks out of a cup and handle pattern. Buy: Vimta Labs CMP: 307 Target: Open Stop Loss: 288
#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...
Travelling in the Parallel Channel. Breakout from the Flag pattern. Expecting a good move here.
vimta labs gives reversal pattern with high volume Enter here Stop Loss 150 Week Close Basis
Support 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-...