ADVENZYMES- VCP in 45 min Bars > 40 FInalADVENZYMES- VCP in 45 min Bars > 40 FInal
1) 2t VCP
2) Breakout possible
3) Strong consolidation in place
ADVENZYMES trade ideas
Flag PatternA shake-out seems to have been done after the CnH pattern.
Now the price seems to be in a flag consolidation and any BO above the Greeline = Entry, can possibly take the move upto the Blueline. Never trade without SL = Redline
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Always do your best.
What you plant now, you will harvest later.
- OG Mandino
Ready to shoot another 20%after a long consolidation since december 2021 now its breaking zone, can be a very good swing trade
keep target 420 which 21% from here
Weekly breakout with VolumeAdvanced Enzyme has made a consolidation breakout. Breakout is supported with high Volume, which is almost 4 times of its average volume.
The breakout is also made Cup & Handle pattern over a period of almost 2 years. This pattern is generally quite reliable for the further hike in stock price.
Breakout level : 350
CMP : 360
SL: 345
Targets : 410 / 480
Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit & learn from my market understanding. Please do your due diligence before making a trade.
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
ADVENZYMES BO [DAILY]Huge volumes today, with price appreciation. Generally this should be followed up with some consolidation that can be considered as a minor base formation or even a VCP (Volatility Contraction Pattern) before breaking the high created today.
Entering now would be a bit tough as it might be overextended. Keep in the list to see if it gives another chance ahead.
ADVENZYMES- Small TradeBuy around- 320-330,
Keep SL at 310 on closing basis.
Target- 365, 375,385
*Note-Only for educational purposes.
ADVENZYMES - heading towards all time highNSE:ADVENZYMES
cmp is 332.55
grab the opportunity in this stock
heading towards all time high
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view aligns with yours.
AdvenzymesThe volumes are rising also the price action looks good for upside. Clear change in trend visible on longer time frame.
ADVANCED ENZYME STOCKNSE:ADVENZYMES Stock is trading nearby resistance zone. entry point is close above the price 350 rupees.
Target is 420 to 430 rupees.
Stop loss set by below the support 300 Rupees.
Advanced Enzyme-500+ Advanced Enzyme looks good on all time frames with breakout of triangle. Can move towards 500-550 levels from here.
ADVENZYMESADVENZYMES - short-term trade
Triple bottom
Buy above 290 targets 307
It is just a view, please trade at your own risk.
ADVANCED ENZYME TECH - 105% RETURNS!!!BUY - ADVANCED ENZYME TECHNOLOGY LTD
CMP - Rs. 289
Target - 1: Rs. 385
Target - 2: Rs. 475
Target - 3: Rs. 590
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Technicals - Cup and Handle Pattern
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Fundamentals -
Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes.
1) The company is almost debt free.
2) The company has been maintaining a healthy dividend payout of 19.5%.
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A) Market Position -
The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally.
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B) Product Portfolio -
The company manufactures and markets over 400+ proprietary products developed from 68+ enzymes and probiotics. It has approx 13 patents in its name.
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C) International Presence -
The Co. is present in more than 45 countries in the world and caters to more than 700 customers worldwide. The geographic split for FY22 is as follows:
India - 44%
Americas - 40%
Europe - 6%
Asia (Excluding India) - 7%
Rest of the World - 3%
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D) Business Segments -
Human Healthcare (68% of revenues)
The company provides proprietary enzyme products and customized enzyme solutions to various pharmaceutical and nutraceutical companies in India, North America, Asia (ex-India), Europe, and other countries globally.
Animal Nutrition (11% of revenues)
It provides enzyme-based feed additives for the animal nutrition industry, mainly catering to poultry and swine. Animal Nutrition product offering enables animals to maximize the nutrients they absorb from the feed which helps the customers to reduce the feed costs.
Industrial Bioprocessing (12% of revenues)
The company produces non-food processing enzymes for various industries such as textiles, leather, detergent, and pulp & paper, which are used in the manufacturing of a wide range of products. It also produces food processing enzymes which are essential for enhancing food and beverage products.
Specialized Manufacturing (9% of revenues)
In this segment, the Co. manufactures products based on effervescent technology. These effervescent products extend solutions in Nutraceutical, Pharmaceutical, Bakery, Washing solutions, and other Speciality products.
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This is just a view by an expert analyst, please invest at your own risk.
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buybuy abv 289.50 sl 272.20 target 2 times of risk.
Disc : It's not an invesment advise. Pls do your research.
ADVENZYMESADVENZYMES:- For the last 10 months the stock is consolidating in a small range, before that the stock was falling, now if the stock is 323.60. and Gives a breakout and sustains, then we can buy some planes, otherwise the stock will be ignored.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Advanced Enzyme LONG IDEAAdvanced Enzyme after falling for a while formed a strong pattern and gave CLEAN BREAKOUT
The current price is cloe to its strong Weekly and Daily Demand Zone
Price has lot of place to move up
TARGET: 350+
Accumulation in ADVENZYMESWait for break-out and re-test at resistance, take your entry wisely NSE:ADVENZYMES
SWING or Buy Today, Sell Tomorrow: ADVENZYMESDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in ADVENZYMES
Buy Today, Sell Tomorrow: ADVENZYMES
