ADVENZYMES trade ideas
Trade#1226. Long term invest. buyzone 144 to 175Accumulate small quatities between 144 to 175 for long term investment
1% of total investment applies for this stock as it is small cap plus some part of products comes under pharma. hence capital risk should not exceed more than 2%.
Promoters 17.35%
Foreign Promoters 40.51%
General Public 14.95
Foreign Institutions 11.19%
NBFC and Mutual Funds 8.24%
Financial Institutions 0.12%
Short Term Buy : Advanced EnzymesLook for Buying Opportunity around CMP 289-290 with CBSL 275 for the Targets of 310-320-330
Weekly close above 2200 and follow up volume to close above 2400Advenzymes seems to be getting ready for 25-25% move from here wit closing stop below 2000 (market sentiment is important)
Any unexpected dip till 1600 is buying opportunity
