Advanced EnzymesSwing Trade Opportunity:
CMP - 385
SL - 350-355
Target - 490 (Sell OB)
Disclaimer: Not Financial Advice. Only for educational purposes
Invest at your own risk
Advancedenzymes
Advanced Enzyme Cup with Handle PatternA potential Cup with Handle pattern is in play here.
In this pattern, best time to enter is at the bottom of the handle if identified earlier for high reward to risk ratio trade.
Recent price action shows, price broke out of a symmetrical triangle and now consolidating above it as well as key support level (Green dashed line).
Accumulate at current price level.
Medium term target is around 500 (60% ROI)
Long term technical target is around 850 (170% ROI)
Stop Loss @ 275
Reward to Risk 15:1 approx.
Kindly do your own research before investing.
Peace !!
ADVANCED ENZYMES 1HRADVANCED ENZYMES is making a triangle pattern in a the larger timneframe also and bvreakout of the triangle pattern can give near targets till the green line the inner pattern is published before this idea.
ADVANCED ENZYMES 15MINADVANCED ENZYMES is making a triangle pattern forming a support. Breakdown of the pink box can give short target till the black line. Breakout of the triangle pattern can give a target of the upper black line. Possibility of breakdown and taking support from the bottom black line is more.
Advanced Enzymes ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals.
ADVANCED ENZYMES 15MINADVANCED ENZYMES is making a flag and pole pattern, green lines are the targets and as well as resistance, the pink box is the support.
Advance Enzymes Technologies ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals.
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**
ADVANCED ENZYME - 3 VCPSimple Price Action analysis.
Awaiting a breakout from the VCP with a MACD crossover.
