Watchout for Resistance breakoutThe stock looks good above 340 level for targets of 349 and 359 positionally
VIMTALABS trade ideas
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
activate after close above 350 leveactivate after close above 350 level but u can enter small qnty now if BO fail exit wd small SL
Expecting Breakout ✌✌This scrip is expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all. ✌✌
VIMTALABS #StockMarket #StockIdeas #StocktoWatch #StockToBuyVIMTALABS ENGAGED IN THE BUSINESS OF LEADING CONTRACT RESEARCH & TESTING SERVICES.
WITH MARKETCAP OF 715CR
STOCK P/E 22.9
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STOCK SHOWN GOOD ROUNDING BOTTOM BREAKOUT & THEN CONSOLIDATION
AND AGAIN BREAKOUT
RECENT BULLISH FLAG BREAKOUT CAN BE SEEN WITH RETRACEMENT AND SUPPORT FROM 20MA AT PRICE OF 323
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GOOD ENTRY AROUND LEVEL ABOVE 320-325
FOR TARGET OF MINIMUM 370--390++
WITH SL 300 OR 20MA SUPPORT ON DAILY BASIS.
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STRICT SL TO BE FOLLOWED IN EVERY TRADE
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VIMTALABS #StockMarket #StockIdeas #StocktoWatch #StockToBuyVIMTALABS GOOD BREAKOUT WITH VOLUMES
NEAR ATH
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ENTRY AT LEVELS NEAR 315
TARGET 377 MIN
SL 300 FOR SHORT TERM PLAY
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GOOD FUNDAMENTALS CAN HOLD FOR LONG ALSO
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STRICT SL TO BE FOLLOWED IN EVERY TRADE
VIMTA LABPRICE HAS FORMED CUP PATTERN SOON IT MAY TURNS INTO CUP WITH HANDLE..AND IS AT ITS ALLTIME RESISTANCE LEVEL..IF IT BREAKS AND SUSTAINS..THEN PRICE WILL ENTER INTO BLUE SKY ZONE...GOOD STUFF TO OBSERVE FOR A LEARNER
Vimta Labs- Swing High Breakout & Retest done.
- Price at All time High.
- Good Breakout & Retest Volume.
- Good Accumulative Volumes during consolidation.
- Good latest Quarterly numbers.
VIMTALABS, Ready to break rounding bottom.VIMTALABS was given previously as well and it has finally closed near to breakout level. Although closing above 330+ could have been more better but lets wait for it to close this important hurdle to reach intended targets.
Thanks
Piyush Gupta
Learn & Earn
VIMTALABS, Rounding bottom pattern with ATH breakoutAll levels mentioned on chart.
Thanks
Piush Gupta
Learn & Earn
VIMTALABS VIMTALABS (Daily):-323.95 CMP, looks good for more upsides :)
1) Breakout Done :)
2) Volume Spurts
Vimtalabs at CMP(266) Buying Vimtalabs at CMP(266) for the mentioned targets in green.
To be averaged above the H&S Breakout
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
