ADVANCED ENZYME LTD ANALYSIS

FOR LEARNING PURPOSE

ADVANCED ENZYME LTD - The current price of ADVANCED ENZYME LTD is 503.00 rupees

I am going to buy this stock because of the reasons as follows-

1. Its coming out from a good long base.

2. It made ATH by breaking resistance of last 3 years and now retesting that level

3. In last 2 years, it has shown some better strength and probably it can continue in coming weeks

4. The risk and reward is favourable

5. Recent numbers are improving slowly but surely but it has got lot to prove.

6. This stock has got potential to perform and it has not done much in comparison to many other stocks.

I will buy it with minimum target of 35-40% and then will trail after that.

My SL is at 439 rupees

I will be managing my risk.