Tanla Platforms Ltd (TANLA) – Bullish Setup Building

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Price Action

CMP: ~₹685–690 (Sept 19, 2025)

Stock has been in a steady uptrend, consolidating above key support zones.

Trading well above 50 / 100 / 200 EMAs → strong structural trend.

Volume & Market Structure

Accumulation phase.

Price action forming a tight consolidation box between ₹670–₹700 → breakout likely if volumes expand further.

Sustained breakout above ₹700 with heavy volume can open room for a strong rally.

Indicators & Momentum

RSI (14): ~67.8 → bullish, nearing overbought but still healthy.

ADX: ~25.5 → moderate trend strength, room to expand further.

50 EMA (~₹645): Price trading above → confirms short-term strength.

100 EMA (~₹627): Price comfortably above → medium-term bullish.

200 EMA (~₹645): Price also above → long-term bullish alignment.

Key Levels

Resistance: ₹700 → ₹720 (near-term breakout zones)

Support: ₹670 → ₹650 → ₹627 (EMA cluster support)

Upside Targets

T1: ₹720

T2: ₹760

T3: ₹810 (extended swing target)

Invalidation

Close below ₹650 = short-term caution.

Close below ₹627 (100 EMA) = medium-term weakness.

Trading View Bias

Bias: Bullish above ₹670

Short-Term: ₹700 → ₹720

Medium-Term: ₹760 → ₹810

⚠️ Disclaimer: Educational analysis only, not financial advice. Do your own research before trading.

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