🚀 Box Breakout on Volume – VIMTA LABS Ready to Rally?

📉 Price Action Setup: Vimta Labs has been consolidating in a well-defined box range between ₹445 and ₹584 for the last 5+ months. The stock has now given a strong breakout on the upper end of the range with huge volume support. 📊 AVWAP Confirmation: Price respected the AVWAP from the last major rally as a dynamic support — clearly visible at around ₹445. This reinforces that institutional buyers were accumulating in the lower band of the box. 📈 Volume Spike: Today’s breakout candle was backed by extraordinary volume (3.36M) — the highest since November 2023, signaling strong participation. 🔍 Fundamental Snapshot: One of the top clinical research and diagnostics service providers in India Strong institutional holding and growing export contracts Scalable business model with consistent EBITDA margins above 20% Low debt and healthy cash flow 📌 Trade Setup Idea: Entry Zone: ₹565–₹570 (on retest or momentum) Target 1: ₹635 | Target 2: ₹700+ Stoploss: ₹538 (below breakout zone)