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.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.