Advanced Enzyme Technologies Ltd: Inside bar pattern on 1 hr TF chart with a spike in volumes. Strictly enter and exit strategy. Entry at INR 194.85 (High of the preceding bar) and Exit/ Stoploss (low of the preceding bar) at INR 185.10.
“The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these...
Price is trading at a " value high ".
Suppose to extend price rotation as drawn in the chart then Spi ke is ready.
The 30min can close above 148.7 then, 90% chance to make spike for targets 151.5 and 152.25.
While Spike volume should more than average volume , for instance, 2x volume will confirm the spike.
Support at 147
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