VIMTALABS trade ideas
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 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