GFS Monthly and Weekly looking strong and short term(daily) taking support on RSI 40, which can be a potential upside move.
VIMTALABS trade ideas
Vimta Labs Limited - Breakout Setup, Move is ON...#VIMTALABS trading above Resistance of 952
Next Resistance is at 1214
Support is at 691
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in VIMTALABS
BUY TODAY SELL TOMORROW for 5%
Strong Breakout With High Momentum- Don’t Miss ✅ The stock has broken out of a long-term ascending wedge pattern which had been forming since 2020. The breakout above the 650 level signals a potential continuation of the bullish trend. The breakout has occurred on strong volume, reinforcing the likelihood of further upward movement.
✅The RSI stands at 7 which indicates strong momentum behind the recent breakout. While approaching the overbought region, it still suggests that the stock has room to move higher before any potential pullback. The increasing RSI trend also reflects growing buying interest. And the breakout is supported by a significant volume increase, showing growing investor confidence in the stock's upward trajectory.
✅Vimta Labs is a leading life sciences company in India, offering a wide range of testing and research services including clinical research environmental testing and food testing. The company has a strong reputation for its focus on quality and safety serving clients across multiple sectors like healthcare pharmaceuticals, food, and agriculture. Many of its peers from each industry have delivered good returns in recent Company's technical breakout in chart signals that it is ready to join the ranks of its outperforming peers particularly as its fundamentals align with sector growth trends.
Vimta labs for swing trading👉🏻 Stock name: Vimta Labs
👉🏻 breakout: Reverse head & shoulder pattern
👉🏻 50 & 200 EMA breakout
👉🏻 Volume: Higher
Vimtalabs- 8 Day + Hourly F8 Day + Hourly Just above 300 ema apna, testing- Balaji (SUPER No Change Required + EMA )
1) Consolidation
2) Looks good above Monhtly S R
3) May break soon and complete W
Long Vimta Labs LtdVimta labs has broken out after almost 2 years. Buy between 580-530 and EXIT if closes below 490
VIMTALABS looks good for swing trade.It has formed an uptrend pattern and after a pullback it has shown a breakout which is indicating that it is ready for a bullish movement. Buy at your own risk.
Vimta Labs LtdVIMTALABS - Short-term trade
Expecting a good move
Buy above 575 | Tgt 587, 600 and 620 | Sl 565
It is my view, to trade on your own analysis.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in VIMTALABS
BUY TODAY SELL TOMORROW for 5%
VIMTALABS weekly BreakoutWeekly Breakout seen with LOW volume thus conviction in also low but one can give try by putting sl 485 for target of 550
vimta labs , heading towards 700,,accumulate near buying zonevimta labs , heading towards 700,,accumulate near buying zone
good structure 700 next target. accumulate near buying zonegood structure 700 next target. accumulate near buying zone.....the red line
VIMTALABS - SWING TRADEEntry - 415
Target - 475
SL - 397.5
Price retraced to EMA 10 & resuming Upmove
EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200
VIMTALAB LONG BTSTPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers.
Topline Growth + Op Leverage ComboChart is self explanatory.
Vimta Labs is one of the well known food testing companies in India.
As per Management guidance,
1. Company is targeting 500 Cr Revenue for 2026; and
2. Margin Expansion upwards of 30%
At expected Revenue of 500 Cr and EBIT margins of 32% by 2026 - EBIT will be around 160 Cr and Net Profit 80 Cr at current NPM of 15%
This equates to an EPS of 37 approximately.
Now here's the tricky part - Finding a reasonable PE for this company.
Ever since it got listed in 2020 at peak PE of 45, the parameter has been declining steadily and is ranging at 20 plus minus 5 now since mid 2021.
At PE of 20, this would mean share price of 20 x 37 EPS = 740 by 2026 which is 25% CAGR approx.
This is a very rough calculation, and things can go wrong, like they did when the company postponed the revenue target from 2025 to 2026.
The price has formed bearish patterns at resistance levels, and it remains to be seen if it can give a breakout in the upside after a small traceback.
Either way, it makes sense to study the business which has been able to 7x its EPS in 3 years, at 25% ROCE.
Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing
VIMTA LABS TARGET UPDATE 13-4-2023Look fresh in range 340-360 for upside 400-430 med term with SL 320..!!!
Fundamentally strongBut at cmp 287 sl 275 cb
Target 1 305
Target 2 320
Target 3 330
Closing above 330 can go for 360+ 400
Vimta Labs - Flag pattern bullish breakoutVimta Labs Analysis
Fundamentals : Strong, Consistently increase in Sales, Profits and Reserves, DIIs, FIIs holding increasing.
Technicals : Given Flag Pattern breakout forming triple bottom, C&H pattern formation, riding 52 weeks high!
Target 1: 500
Target 2: 550
Target 3: 620
SL : 400
Vimta Lab IHnS and now new BO#VimyaLab had BO of IhnS at 330 level and now again a BO at 450 levels.
Can be added for 34% upside from here for 610.
CMP 461 Qtr Sales growth is flat but ROCE is healthy.
FOCUS VIMTALABVannakam Makkale, found some decent breakout from a consolidation range in VIMTALAB. Focus, as per your risk reward. First target will be around 597. As I always say whatever we do must follow risk reward and money management.
Thank you for following and share it with your friends and family 😊
@trade_withpriceaction ❤
Took this trade for 4% target in 1 day DON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Took this trade for 4% target in 1 day
Trendline Breakout in VIMTALABS
BUY TODAY SELL TOMORROW for 4%
