Advanced Enzyme Technologies Ltd (ADVENZYMES) – Technical Analysis
Current Price: ₹355–356 (as of Aug 29, 2025)
Stock has rallied +18% in 2 sessions, showing strong momentum.
Price has broken above key resistance at ₹336 (pivot), turning it into support.
📈 Indicators & Momentum
Moving Averages (MA20/50/200): Price is trading above all major EMAs, confirming bullish trend.
RSI (14): ~68 → approaching overbought zone, but still has room to push higher.
ADX (14): >30 → trend strength is strong and valid.
Volume: Delivery volume spiked 7.5x above average, confirming institutional interest.
🧭 Chart Structure
Breakout above ₹336 pivot signals start of a fresh uptrend.
A daily close above ₹380 may open the path toward ₹410 – ₹455 zone.
Watch for consolidation near ₹350–₹360 before next leg.
⚡ Trading View
Bias: Bullish as long as price stays above ₹336.
Short-Term Target: ₹380 → ₹410
Medium-Term Target: ₹455
Invalidation: Close below ₹336 pivot may weaken trend.
Disclaimer: This is a technical analysis study for educational purposes only — not investment advice. Always do your own research before trading.
Current Price: ₹355–356 (as of Aug 29, 2025)
Stock has rallied +18% in 2 sessions, showing strong momentum.
Price has broken above key resistance at ₹336 (pivot), turning it into support.
📈 Indicators & Momentum
Moving Averages (MA20/50/200): Price is trading above all major EMAs, confirming bullish trend.
RSI (14): ~68 → approaching overbought zone, but still has room to push higher.
ADX (14): >30 → trend strength is strong and valid.
Volume: Delivery volume spiked 7.5x above average, confirming institutional interest.
🧭 Chart Structure
Breakout above ₹336 pivot signals start of a fresh uptrend.
A daily close above ₹380 may open the path toward ₹410 – ₹455 zone.
Watch for consolidation near ₹350–₹360 before next leg.
⚡ Trading View
Bias: Bullish as long as price stays above ₹336.
Short-Term Target: ₹380 → ₹410
Medium-Term Target: ₹455
Invalidation: Close below ₹336 pivot may weaken trend.
Disclaimer: This is a technical analysis study for educational purposes only — not investment advice. Always do your own research before trading.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.