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.
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
Above levels are for education purposes only
Do your own analysis before taking any trade
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Stock has given clear breakout from long consolidation of 6 month's.
Results were nice!!
Low float and operators.
For info, they are working on blockchain tech 😊
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...