2 scenarios 1) long above 1145 sl 1055 medium term 2) long above 1128 sl 1090 short term
This snapshot shows how to use volume to analyse the strength of buyers and sellers.
Forming a round bottom pattern. Can go long for months Can give a good move Only for educational purpose. Not a trade recommendation.
Stock Gaining Strength! Tanla Platforms Ltd. #TANLA 1- Massive Weekly Volume 2- Breaking-out previous Consolidation Zone 3- Buyers might come at pullback to 800 Note: Technical Analysis is for Educational Purpose. I am not SEBI registered. Consult your financial advisor for any Investment Advice.
Although this script is reasonably away now from the support zone as disclosed in the chart drawing. But still, it is worth to observe it for study purpose.
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% Please consider these ideas for educational purpose Comment below if you are looking for any answers
Reason for long a) Weekly and mothly breakout b) volume and price burst c) HSP set up SL compulsory
Tanla: Finally above 50 SMA and breaking out of gann box levels Can be played till it faces resistance at 1/1 level
Reason for long a) Monthly breakout b) trendline breakout c) Vwap support d) channel play
Tanla systems has an immediate support at 570 levels, currently trading at 640 levels. Need to cross above 800 levels on weekly timeframe close to buy
Tanla Platforms Ltd (formerly Tanla Solutions Ltd) is a cloud communications provider enabling businesses to communicate with their customers and intended recipients. It is headquartered in Hyderabad, India. It is a global A2P(application to person) messaging platform provider.
#TANLA TANLA Educational pupose only #technical analysis #TANLA TANLA #TANLA TANLA #TANLA TANLA #TANLA TANLA #TANLA TANLA
although tanla did not gave a breakout, on its 3rd wave, because it follows 5 wave pattern. the waves have come perfectly, to prove this statement, i have drawn a purple line, connecting the points, which defines the 4th wave(correction point) for the 5th wave to give a breakout. and a orange line defining a breakout in 5th wave. volume accumulated for a breakout
Tanla platform is fundamentally very good company. Company is almost debt free. Company is expected to give good quarter Company has delivered good profit growth of 67.48% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 27.71% Company's median sales growth is 34.24% of last 10 years Corrected more than 70% from its...
TANLA - Pennant breakout at 200 ema & max volume at profile support. Keep strict SL of 200 ema
Tanla platform is currently trading at its lower value it can bounce back to its original position Tanla one of the fundamental y strong company so there is no doubt about bouncing back Entry, target and SL is in chart you can take look This trading idea is just for educational purposes you are the only one who responsible for your loss and profit