TanlaGood selling in TANLA has formed the bearish parallel channel.
Is someone making exit big time here
do watch 820-870 level for follow through selling
TANLA
Tanla - Monthly Chart - Ascending Channel - LongTanla Platforms Ltd. has been trading within a well-defined ascending channel for almost 10 years now. The support at the bottom of the channel and the resistance at the top of the channel have been tested many times over the years, as the chart shows.
The Price has again bounced after touching the bottom of the channel last month and RSI has a strong upward trajectory.
Key Points:
Ascending Channel: The stock has maintained an ascending channel for almost a decade, with the price consistently respecting the channel's boundaries.
Support at Bottom: The lower boundary of the channel has been tested multiple times and has held strong, indicating robust support.
Resistance at Top: The upper boundary of the channel has also been tested multiple times, acting as a reliable resistance level.
Recent Bounce: The price recently hit the bottom of the channel last month and bounced off, suggesting a possible continuation towards the upper boundary.
Volume Analysis: The volume has shown significant spikes during periods of upward movement, reflecting strong buying interest.
RSI: The RSI (14) is currently at 52.98 and trending upwards, indicating growing bullish momentum. The RSI's upward trend further supports a bullish outlook.
Disclosure: Invested at 920.00
Disclaimer: This analysis is for educational purposes and should not be considered financial advice.
TANLA PLATFORMS - Swing Trade Analysis - 15th July #stocksTANLA PLATFORMS (1W TF) - Swing Trade Analysis given on 15th July, 2024
Pattern: ASCENDING TRIANGLE BREAKOUT
- Weekly Resistance Breakout Initiated - Done ✓
- Volume Buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation (for a small SL and a better RR) - In Progress
Please Note:
- Going to be extremely careful with this trade and my SL
- Will do a partial entry and then will add into it when it rises
* Disclaimer
Tanla Platform- Do not miss!Tanla has given cup and handle breakout and is sustaining the breakout.
We can see good move in stock post closing above 1270
High growth IT stock, decent fundamentals and has given multibagger returns since 2020.
Risky investors shouldn't miss this breakout. Stock can test ATH levels if IT sector remains positive.
Tanla - Self Education purposeCup & Handle and positive Flag pattern occurred.
Stock in uptrend.
High volume.
I made Good Entry.
I expect first tgt 8% second tgt 12-16%
Risk level 4%
Amazing swing trading idea for 11 January Markets I daily make educational content videos for swing / positional trading
TANLA - all set for 2X returnsNSE:TANLA
cmp is 1167
all set for the big move. 2X returns can be expected
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
TANLA: Bullish Momentum Resumes After ConsolidationTANLA has exhibited a robust upward movement, marked by a significant upside followed by a consolidation phase lasting a few days. The current price action suggests a renewed bullish momentum as the stock emerges from the consolidation zone.
Key Points:
1.Strong Historical Performance: TANLA has a history of delivering strong upside moves,
indicating its potential for substantial price appreciation.
2.Consolidation Breakout: After a brief consolidation period, TANLA is now breaking out of the
consolidation zone. This breakout often signifies the resumption of an upward trend.
3.Volume Confirmation: The positive price movement is supported by a notable increase in
trading volume on positive candlesticks. This volume confirmation enhances the reliability
of the bullish signal.
4.Swing Trade Opportunity: Given the recent price action and volume trends, TANLA appears
well-suited for a swing trade. Swing traders can capitalize on short to medium-term price
fluctuations, aiming to profit from the anticipated upward movement.
It's important for traders to conduct their own technical analysis, set appropriate stop-loss levels, and consider other relevant factors before entering any trade.
This content should not be considered as investment advice. Trading involves risks, and past performance is not indicative of future results.
TANLA Bull Flag & Falling WedgeTanla Platforms has shown a reversal around 200EMA and 50% Fibonacci Retracement. It is attempting a Breakout from Falling Wedge and Bull Flag Pattern with high volumes. Enter after Bullish confirmation.
Tanla Trendline Breakout and Monthly Time Frame Tweezer Bottom Tanla Trend line Breakout and Monthly Time Frame Tweezers Bottom reversal Trent initiated. Use this opportunities.
Inverted Head n Shoulder Pattern TanlaTanla
IT Company
CMP near by 748
Time Frame : Daily Chart,
Pattern Name : Inverted Head n Shoulder,
Impact : Strong Bullish,
Active: Above 708 neckline it is valid to play.
Target : 919.90 (Pattern Target : Extension of {706.45-493}= 213.45 + in neckline 706.45)
SL: 615 (pattern's right shoulder low)
Risk is yours and Reward is too yours totally
Time Frame : 90 days max
Tanla - Butly 697Head and Shoulder pattern accured
Wait for breakout
Disclaimer: I am not sebi registered analyst
Tanla : Positional call (1-3 months)#tanla
>> Enter after Breakout of Zone
>> Decent Volume & Strength in Stock
>> Swing Traders can take quick 5-10% and keep trailling
@moneyfesttrading
Keep Liking & sharing for more such analysis
TANLA near retest zoneTANLA near retest zone. Good stock for long term.
*FOR EDUCATIONAL PURPOSE ONLY*
Weekly chart of Tanla platformWeekly chart of Tanla Platform, although I am not in favour of catching a falling knife but risk reward is looking to good to miss out. Price has taken support at low of Dec'20 and reversed. There is some change of hands kind of volume by company called "XTX markets LLP" on 27th July, but can see some volume post that also. People who have missed out riding previous wave in Tanla may think of encashing this opportunity. Can we enter with 20-30% of the plan qty for tracking basis, add more once price breakout above trend line resistance above 1000. Keep eyes open
Tanla#Tanla CMP 836 Taking in UCs.
Coming out of the falling channel.
Funda are bit stretched but one qtr result may change the view.
Hold for long term.
TANLA PLATFORMSMultibagger for some? OR Multibeggar for most?
After a massive rally, seeing massive selling with no pullback.
TANLA - More Pain expected. 800 to 830 new Buy zoneTanla should experience more Pain. I've been keeping a close eye on this stock, and the next phase of its growth will be driven by a successful pilot of wisely implementation with Vodafone idea, followed by Vodafone implementations in other countries.
I won't be shocked if the commpany announces a buyback offer at 1100 to 1200 Rs. given that it has plenty of cash on hand.
New Targets and Stop Loss are mentioned on the Chart
****Educational Content. Please do not treat this as a stock recommendation ****
Tanla - heading towards 2nd target Update to the previous chart, the stock is now inching towards 2nd target. Current price 1344 is trailing stop loss
***Educational Content**** Not to be treated as Recommendation.
TANLA : Looking for buy!TANLA is looking for a great buying opportunity for the move to the upside after having 45% correction. Expecting first TG to reach at 2100. Second TG 2700
Update to Tanla Chart - Stock to see upmove from hereAs explained in previous chart, the results have been decent and the stock has taken beating due to market fall.
The stock should move up from here with multiple targets to be achieved.
Both targets and SL is documented on the chart.
****For Education purpose and not a stock recommendation****
Tanla - Should cross Above 1550 for next moveTanla - results are tomorrow and expected to be decent. If there is a news on addition of new clients then expect good move.
It should cross above 1550 for upmove towards 2000 +
Targets and stoploss specified on the chart.
**Educational Content - Please do not treat this as recommendation.
No other stock in market compared to tanla solutionTanla has proved himself worthy all the time .
Company works on all the future tech .
