Traderanit

Cup pattern in Tanla

Long
NSE:TANLA   TANLA PLATFORMS L
Stock of the Week: #Tanla
Entry Price: 985
SL: 844
Position Sizing: 26%
Reason: a. Cup formation on a weekly chart.
b. Bounced back from 50% retracement and manage to close just above 23.6% retracement on a weekly chart.
c. In a range of 10% all-time high.

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