ADVENZYMES trade ideas
Advanced Enzymes - 3wk Darvas Breakout at 5yr Rounding Bottom Consolidated for a good 3 weeks, now ready for a breakout (unless market throws up any surprises)
Moving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
Advance Enzymes - Multi Year Breakout - Target >500Advance Enzymes has come out of the Distribution / Accumulation Phase and breaking out of the recent horizonal channel. Weekly charts Pivot Stop is at 445, if it moves up from the last week hights, then there is a possibilty of Mark-up phase.
Long term +ve trend ,Breakout and then consolidation , flag-poleLong term +ve trend ,Breakout with volume and then consolidation(with very less volume) , flag-pole pattern in the making , on breakout we can enter
Advanced Enzymes 5yr Rounding Bottom BreakoutSetting up nicely. The entire sector is moving.
High chance of a successful breakout.
SL: Below Breakout Candle
TGT: Breakdown of 20MA on Hourly chart (on a daily closing basis)
AdvenzymesMoving in to a channel it has given wedge breakout with good volume. Good probability of touching upper tradeline, targeting 415/435 in near terms.
Watchout for Resistance Breakout - Keep AccumulatingAdvanced Enzyme Tech is involved in the business activities of Manufacture of medicinal substances used in the manufacture of pharmaceuticals: antibiotics, endocrine products, basic vitamins; opium derivatives; sulpha drugs; serums and plasmas; salicylic acid, its salts and esters; glycosides and vegetable alkaloids; chemically pure sugar etc.
The stock is continuously trying to break is trendline resistance but has failed due to absence of good volumes. The Company's sales has been consistently rising from last two quarters and is expected to post robust results in 4th quarter as well.
Keep Accumulating around support line.
Swing or Positional Trade, for at least 6% returnADVENZYMES 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.
Buy Advance enzymesMy idea is for educational purpose.
Buy Advance enzymes @ 375 for short term gain of 10-20%.
Advance Enzyme Bullish BiasGreat Set up
Can be bought at CMP or on breakout
Best RR comes =when the price retest the breakout levels i.e. 360 levels
SL 328 levels
Target 1: 420/425 levels
Target 2: 450/460 levls
personally expecting to breach ATH in coming months
Advanced Enzyme Technologies Ltd - Capital Market Analysts
Hie, In this investment series we talk about some fundamentally strong companies identified by Capital Market analysts in their latest issue.
Advanced Enzyme Technologies Ltd. engages in the research, development, manufacture, and sale of enzyme products. It offers products for human nutrition, animal nutrition, food processing, and non-food processing.
*FII/FPI have increased holdings from 16.01% to 17.11% in Dec 2020 qtr.
*Company is almost debt free.
*Promoter holding has decreased over last 3 years: -15.93%
For more, you can check the stock out on screener.in/company/ADVENZYMES/consolidated/#peers
Sources credit:
Trendlyne & Screener.in
INDICATORS USED:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
H/Blue Candle: Selling Divergence
L/Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Chart #1 Advanced Enzymes Disclaimer: My chart analysis are for educational purpose. Please do your analysis before trading/investing.
Advanced Enzymes is forming a cup and handle pattern on weekly timeframe with a depth 420 to 120 points ~ 300 points, hence the deduced target will be 720 at least.
ADVANCED ENZYMESNote:
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...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Advanced Enzymes (Likely BO)Buy @ Rs 368-370
Caution: Volumes doesn't are still on the lower side, so could also be a false BO. Stop loss is also a bit steep. So manage your risk accordingly.
Duration: 5-7 sessions
Target 1 Rs 415
Target 2 Rs 450
SL 350
