ADVANCED ENZYMES: Bullish View ready to march aheadADVANCED ENZYMES stock has been consistently performing well irrespective of the overall market and now the stock has given a major breakout from it's previous highs.
Invest in the stock for next 4-5 months for good move. The 1st target for the stock will be 550 (20% up) and 2nd target for the stock will be 570 (25% up).
Keep initial stop loss of 400 and buy.
**ideas are my own***Invest as per your risk taking appetite**
ADVENZYMES trade ideas
Advenzymes - Intraday Trade Setup Advenzymes CMP - 319.10
Looking bearish. One can go for Intraday / Swing trade setup with the following entry, exit & targets
Sell at or below - 315 - 314 / Stop Loss 324
Target 1 - 310
Target 2 - 305
Target 3 – 300 / 295
Note: This is my view and for educational purpose only.
Advanced Enzymes - Flag BreakoutBullish Flag.
But breakout candle is with a long tail.
Good Volume. No doubt.
Need to cross the 228 - 230 levels with good candle being good portion of candle body to be above 230 and close above 230. Then possible for 50 to 55 Rs move as post is 225 - 160 = 65 Rs.
Above 230 i will look for a 280 - 285 as target.
This is good company but not for quick profit looking traders.
Swings wildly. So need patience.
ADVANCEDENZYMES RallyADVANCEDENZYMES looks bullish on daily chart, As per Fibonacci re-tracement if it sustains above 220 levels, next target could be of 280, however it may face some resistance at 250 levels. it is fundamentally strong compay. as we are witnessing a good monsoon, it could easily go upto 280 levels.