A Bullish flag and Pole breakout has been confirmed with very huge volume on the daily chart of NSE:TANLA .
Daily & Weekly RSI both are in bullish zone.
One can crete fresh position in NSE:TANLA at 1090 or below with a stop loss of Rs. 1028 for 1st target of Rs, 1172, 2nd Target of 1244 and 3rd Target of 1316
The risk to reward ration is 1:3
Exit the...
Tanla
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...
As Per Chart Analysis Stock taken Support on Demand Zone of 476 -495 and Moving Up side towards first target if any Weekly Candle Closes Above 677 and Sustain Above it Then next Target is 999.
First Major Resistance Zone or First Target for Tenla Platform Stock is – 677
Second Resistance Zone or Second Target for Tenla Platform Stock is – 999
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
Tanla - 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.
TANLA PLATFORMS
After correction, now trendline broken and trading near resistance level
Could be a good bet to enter above 1555 levels for 8-10% move Positionally
Keep SL around 1400 levels for midterm view, targets of 1624/1660/1760
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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#tanla
Tanla platforms
Stock has given clear breakout from long consolidation of 6 month's.
Looks impressive
Results were nice!!
Risk involved
Low float and operators.
Be cautious!!
For info, they are working on blockchain tech 😊
#VR
Please do your own analysis as well.!
Tanla Platform is in the business of cloud platform. Currently it is in Additional Surveillance Measure (ASM) - STage 2 of the exchanges and hence, not much move has been shown by the Company. In my limited understand, Tanla has show good Q2 results which are fair in comparison with the prices of stock. Its peer, route mobile also shown similar strong...
