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...
ADVENZYMES:- 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...
Advanced 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+
DON'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...
ADVANCED ENZYME
Chart Time Frame: 4 HOURLY
On 4 HOURS Basis Time Frame the Stock has given a Good Breakout of DESCENDING TRIANGLE Pattern with decent volumes on the Chart
So as per the Chart Stock looks Good for Long Position for Short Term as per the Levels given below:
CMP - 302.50 or BoD 290
Target 1 - 320
Target 2 - 330
Target 3 - 340 +
SL - 278
Holding...
Possibility of a breakout in ADVENZYMES
Entry: After breakout confirmation
Targets: 300, 325 & 350
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Advanced Enzyme has given breakdown from ascending triangle . The measured downside is 65 rs . Immediate support is at 267.30-268 rs as it has taken support at that level but is unable to surpass 20 EMA which indicates downside to continue. Watch for 267.30-268 rs level. If it brokes this support it may move down to 225 rs level. (NOTE : It is not an investment/...
NSE:ADVENZYMES is going as per previously posted Idea.
I see Target of Previous High i.e., 69% Upside from today's price.
Following below are the links to my previous ideas trying to understand the correction phase of Advanced Enzymes.
High probability trade go long upto 10% with a stop loss of 2.75% on daily basis candle close... Channel breakout & Good close...
Note : - Education purpose only not a call..
Thank you...
NSE:ADVENZYMES retracement is over as it is suggested by Strong Pinbar at Weekly time frame.
Entry and Take Profit as per drawn in the chart.
The red Line is 200DMA.
