Moving in to a channel it has given wedge breakout with good volume. Good probability of touching upper tradeline, targeting 415/435 in near terms.
cup and handle about to break resistance
ADVENZYMES is almost ready for a breakout!!! Ascending Triangle pattern. Buy in Dips between 350-370. Risky traders can buy at current price. Target 420/450. Stock is fundamentally strong so i am not giving any stop loss, can hold for long term. This is my first post, so if it hits the target please support!!! All levels only for educational purpose.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
#ADVENZYMES FLAG BO and forming rounding bottom on Weekly chart. Details in chart.
ADVENZYMES chart analysis for intraday and swing trdaing
After giving 145% return in just 11 weeks stock is under consolidation for last 13 weeks on low volume, Breakout from triangle may give good move ahead. It can be bough at 339 with SL of 318
Look fresh in range 265-285 for upside 380 with SL 245..!!!
FIBO W SnR Stock Is Bullish
ADVENZYMES (Advanced Enzyme Technologies Ltd) BUY ABOVE 167
Buying Advanced enzymes for positional for the targets of 323 and 360. Add on dips upto 270 - 265.
It has been observed that the price action was trending down for past 5 months and now, it showed a strong volumes at support levels indicating a buyers coming back. It has another resistance at 280 levels, if it breaks and closes above it on weekly chart then it shall confirm a change in trend and will further rise up. Target 1: 280 Target 2: 320 Stoploss: 245
Add Advanced enzymes as a long term pick and add on dips upto 275 for the targets of 450 and 550