AbNamjoshi

Breakout above multiple tops

NSE:VIMTALABS   VIMTA LABORATORIES
This is a weekly chart of Vimta labs. This particular Breakout is called as breakout above multiple tops. If you see this chart, the stock has taken resistance around 343-344 around 3 times in the past. Now the stock has broken its previous resistance and its all time high simultaneously. This types of breakouts had given a lot of returns in the past. Usually it is observed that the stock doubles in 2 years. Please wait until tomorrow (Friday) so that we can get a confirmation. For Investors this is a great opportunity. Keep looking for these breakouts.
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