Strong up move possible in Vimta labVimta lab is at strong support zone. Upside is possible with strong buying
Entry 400
Target 580
Time : Feb end to mid march.
VIMTALABS trade ideas
VIMTA LAB : PULLBACK STRATEGY Earlier also vimta lab recommended target achieved already those who having previous position hold for more targets
Buy@CMP
TGT - 400 & 450
SL - 320
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
VIMTALABSCMP: 415
Cup and handle breakout at All Time High.
385-90 can act as support.
450, 470 can be seen.
Chart of the Week 29/10/21. Vimta LabsThis week I chose Vimta Lab as my chart of the week. On 21/7/21 I chose this stock as chart of the week when it broke its all time high on daily charts, however, the stock took resistance and consolidated almost for 3 months. This week again the stock has given breakout above its all time high @346 and able to close above it with high volumes. If we see long term chart ie 3 years, the stock has made a Inverted Head and shoulder pattern.On lesser time frame, stock has given a breakout of a parallel channel. As per Fibonacci, targets are very aggressive. Therefore, i think this is worth of a investment.
Targets - 525, 815 weekly.
SL - 312 W.
View - Medium to Long term
VIMTALAB - Positional Long1. Clear Cup & Handle Breakout in weekly
2. Retested support but not broken amidst market sell offs - indicates strength (visible in Daily chart)
3. All time highs
VIMTALABS - New ATH soon! Key Highlights:
1. Bullish market structure on HTF
2. Broke above the horizontal level
3. Support from 200 MA
4. RSI indicates a possible uptrend
5. Good breakout on the weekly time frame
6. Volume lacking at the moment
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
Vimta, Head and shoulders breakout#vimtalabs
Vimta labs looks good to add at 340-350 range.
Has shown good volumes at breakout area.
#vr
Vimta labs looks good here to long for short termVimta labs is at resistance, can breakout anytime soon. T1: 358, T2: 388. I am not a sebi registered trader, please follow strict stop losses before initiating a trade and the idea and analysis is purely mine and for educational purposes only.
VIMTA LAB : BREAKOUT Vimta lab test the level after breakout on low volume , Expecting Upmove from here
TGT - 400 & Above (Always Book partial profit , let the profit run)
SL - 320
Disclaimer
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Vimta Labs - 3yr Inverted Head and Shoulder BO
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
Back in action !!Again stock has come near multi-year resistance after its failed attempt to cross in Aug 21. But, today it has given close above its previous multi-year high. Now, sustaining and closing above 350 levels on weekly CB would take the stock to new highs in coming weeks, months. Longs can be considered on closing above 350 on weekly CB, with SL 275 on weekly CB for the target of 500+ with 1:2 RR.
Link below for reference of my previous analysis.
Kindly do your analysis before initiating trade.
VIMTA LABS Swing TradeNSE:VIMTALABS Levels are Mentioned in the chart... Good for Swing trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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VIMTA Labs LONG after multiyear breakoutVimta Labs is engaged in the business of testing food and drugs. It also does contract research for clinical research and pre-clinical studies.
Company was expected to give good quarter and has delivered.
VIMTA LABS: Q2 CONS NET PROFIT 97M RUPEES VS 75M (YOY); 81M (QOQ) || Q2 REVENUE 754M RUPEES VS 593M (YOY); 613M (QOQ)
DII have bought significantly in the last quarter, Some news is coming up
TARGET : See CHART
Swing Trade with target of 335 . RSI ABOVE 50
Good Delivery volume in Last 2 Week
Macd Crossing signal Line.
20 Ema Support.
ROUNDING BOTTOM We have watchout for bo and that is buy above 330
tgt 500/630
positional trade for atleat 1 year 11 months
Watchout for Resistance breakoutThe stock looks good above 340 level for targets of 349 and 359 positionally
Can it breakout this time ??Stock is trading near multi year resistance level of around 330-340....have formed morning star pattern on daily chart..now any closing above 340-345 level on daily closing basis, longs can be initiated with SL 325 on weekly CB...hoping for breakout and positive momentum to continue
