ADVENZYMES trade ideas
ADVANCED ENZYME - 3 VCPSimple Price Action analysis.
Awaiting a breakout from the VCP with a MACD crossover.
ADVENZYME - Long after long time ADVENZYME - above 50/100/150/200 days avg & uptrend with good volumes from past couple of sessions.
Add to watch list and trade carefully.
Another 25-30 can be realized in next couple of sessions quickly.
PATTERN SPEAKS ITSELF.WEDGE BO.BUY ARUND 360 TO 350.STOP LOSS CLOSE BELOW 310.TARGET 500.HAPPY TRADING FRIENDS!
BUY Identified: ADVENZYMES for short term investment
Not buy recommendation. NSE:ADVENZYMES
For learning purpose only
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.
ADVENZYMES PRICE ANALYSIS SUPPLY AND DEMAND ZONE IDENTIFICATIONADVENZYMES PRICE ANALYSIS SUPPLY AND DEMAND ZONE IDENTIFICATION
Long set up buy above 243The stock gave some serious moves in a month
242 is acting as strong resistance
The stock soon going to show moves in couple of sessions
Stop loss 230 on closing basis
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.
Triangle Breakout on Weekly Chart of ADVENZYMESThere is triangle breakout for ADVENZYMES which has a support at Rs.144 and Rs.216 as resistance.
