Trade ideas
advance enzymeAfter 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
Advanced Enzymes | Chart of the Week 09-01-2021Advanced enzymes has formed a wonderful triangle pattern and as soon as it comes out of its pattern on the upper side, the stock should rally towards Rs.445, but it should only be bought post breakout and not before that. Also Stop Loss can be the resistance line of the triangle once that is taken out. Once the stock rises, make 50EMA as your Stop Loss as it is acting as a brilliant support for the stock.
FLAG PATTERN BREAKOUT : ADVENZYMES, 1DNSE:ADVENZYMES
ADVENGYMES, 1D chart formed Flag Pattern .
Watch out for BREAKOUT
T 1 - 316
T2 - 340
T3 - near 365
Good for both positional & Intraday trade
ADVANCED ENZYMES IS READY TO FLY HIGHAQDVANCED ENZYMES IS READY TO FLY MORE A TARGET OF 340 FROM 314 .... A HIDDEN BULLISH DIVERGENCE OBSERVED IN 320 TO 300
ADVANCED ENZYME TECH LTDADVANCED ENZYME TECH LTD looking strong , Monthly, Weekly & Daily RSI closed above 60. buy above 235 , stop loss is 215.
Advanced Enzyme - Ascending Triangle breakoutNote: This is for educational purpose only.
There seems to be an ascending triangle bullish breakout with ultra high volume. Moreover, RSI is above 65 which indicates bullish momentum.
Advanced Enzymes Stock at a crucial point , confluence of the 6 and 20 SMA and on breakout with volumes can head to 250 and beyond. Time frame 1 month
Showing good strength. Can be a good candidate for LONGAdvanced Enzymes has taken a good support at its previous resistance which was formed in Nov 19. Also has received good volumes in past 4-5 weeks. Can give an upside of 15 pc in 2-3 weeks.
Disclaimer: I am a novice trader and nothing in front of the huge market forces. Just published the idea for academic purposes..
[Positional] Advance Enzyme Breakout!!Pure technical breakout.
Have to do proper fundamental analysis too.
Anyways Sl below todays low.
Advanced Enzyme Technologies Ltd: Inside bar tradeAdvanced 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 three rules, you may have a chance.” – Ed Seykota
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
Advance Enzyme Long positionIt can be a good buy above 185-190 level. Buy 50% here and rest above 206. It's a positional stock.
