ADVENZYMES - READY TO LAUNCH - ELLIOT 5TH WAVEAs you can see, It has formed a triple zig-zag, ENTRY CAN BE TAKEN ONLY AFTER BREAKOUT AND RETEST as shown.
ADVENZYMES trade ideas
Advenzymes CMP 346Advanced Enzyme - Perfect reversal from strong supp0rt near 300. & Possible tgt 390,500,700
-Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes.
-The company manufactures and markets over 400+ proprietary products developed from over 70 enzymes and probiotics
-Human Healthcare (75% of revenues)
-Animal Nutrition (13% of revenues)
-Presently, the company earns 43% of its revem India, followed by Americas (42%), Europe (7%) and Rest of world (8%)
-It has increased its R&D spending from ~3% of turnover in FY18 to ~5% of turnover in FY20
ADVENZYMES..NSE:ADVENZYMES
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ADVANCED ENZYMEAdvanced Enzyme Technologies Ltd
Buy >>> SL >>> Tgts are as marked on the charts
This is for Educational purposes only. Please consult your Financial advisor before investing.
ADVENZYMES..NSE:ADVENZYMES
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
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.
breakout above trendlineResistance Trendline formed by Advanced Enzyme Technologies, short term bullish
Advanced enzymes 1 hr For educational purpose only it's not a call. Do your own analysis.
Wait for Price to close above 391-392.
Thanks.
Please like post.
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.
Cup and Handle pattern - ADVENZYMSNSE:ADVENZYMES
A beautiful Cup and Handle pattern formation in ADVENZYMS .
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.
Falling wedge breakoutClose above 417 on a weekly basis can take it to ATH in a few weeks time.
Targets: 428, 490, 540
SL: 360 WCB
Disc: I'm not a SEBI registered investment advisor. Please consult your financial advisor before taking any investment decisions.
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 anzymincorporated by second generation enzymologists, the Rathi brothers in 1989, Advanced Enzyme Technologies (AET) is one of the largest research driven Indian enzyme companies with a product basket of 400+ proprietary products developed from 68 indigenous enzymes and probiotics. Broadly, the business can be divided into three segments - 1) human healthcare, 2) animal healthcare and 3) industrial processing. It manufactures enzymes by using natural resources such as plants, fungal, bacterial and animal sources, using environment-friendly biotechnology processes. It offers these products to 700+ customers across 45 countries worldwide
The company reported growth in sales/ebitda/pat in Q4FY21 on a YoY basis. The revenue bifurcation of the company- Human HC (73%), Animal HC (12%) and Industrial processing (15%).
Globally, growth of the enzymes market piggybacks on a diverse spectrum of customer base. This, together with limited number of meaningful players, has created a conducive business environment for existing players in the space. One of the biggest challenges facing new companies looking to enter the enzyme industry is to offer continuous and differentiated solutions as per the client’s requirement that demands real time R&D capability and flexibility in manufacturing. Large manufacturing capacities, proven capabilities, experienced promoters, customer stickiness, fairly consistent track record, ability to develop new products in-house and quest for unique acquisitions are some differentiators for Advanced enzymes.
The company is poised to capture the growing opportunities in the enzymes and probiotics space backed by proven capabilities and stable financials that have been fairly consistent, thanks to a mix of organic and inorganic growth strategy employed by the management. Strong margins and healthy return ratios reflect the pricing power and balance sheet strength of the company. Going ahead, the management intends to augment its R&D capability for better facilitation and strengthening of in-house R&D capability, which bodes well in the long run.
ADVENZYMES: Watchlist worthyGood breakout after downward journey of a month.
Volume is promising at breakout.
Keep an eye
Bullish on advanced enzymesPitrosky is 7...last 3 quarter profit is slightly low...but that isn't reflected in the chart...last swing high is a all time high...now the stock is in a dynamic zone...I have took a position right now....do ur own analysis and enter...it's not stock recommendation...
