Hie, In this investment series we talk about some fundamentally strong companies identified by Capital Market analysts in their latest issue.
Advanced Enzyme Technologies Ltd. engages in the research, development, manufacture, and sale of enzyme products. It offers products for human nutrition, animal nutrition, food processing, and non-food processing.
*FII/FPI have increased holdings from 16.01% to 17.11% in Dec 2020 qtr. *Company is almost debt free.
*Promoter holding has decreased over last 3 years: -15.93%
For more, you can check the stock out on screener.in/company/ADVENZYMES/consolidated/#peers Sources credit: Trendlyne & Screener.in
INDICATORS USED: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. 3) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback H/Blue Candle: Selling Divergence L/Yellow Candle: Buying Divergence
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that is quite a chart you have plotted...array of colours, S&R, wedges etc etc etc....possible to draw a simple chart which newbies can also understand?...today it had a breakout from the triangle pattern plotted on daily charts..and this company is a global enzyme powerhouse with niche product portfolio..i think that is a little simple to understand..