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Technicals for Tanla Platforms Limited
By MusingTheNews
2025-04-25 20:56
Overall Technical outlook
Price Summary
The stock of Tanla Platforms Limited experienced a -2.51% tumble, showcasing a lousy market performance. Tanla Platforms Limited's stock started the year at 481.3, climbed to a high of 481.3, fell to 461.55, and closed -2.51% lower at 469.2, with 1166183 shares traded on 2025-04-25. The highest price the stock achieved in the past 52 weeks is 1003.05, while the lowest price it saw is 422.95. The future price of TANLA is projected to range from 609.0 to 724.0, with an average expected price of 677.6667, according to 3 analysts.
Technicals
Support and Resistance: At 469.2, the price is held up by support at 426.05 and faces resistance at 470.85 for TANLA. This suggests a trading range where 426.05 provides a base and 470.85 limits upward movement. Support/Resistance for TANLA
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Tanla Platforms Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Tanla Platforms Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Tanla Platforms Limited
Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check. Parabolic Stop and Reverse chart for Tanla Platforms Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Tanla Platforms Limited
Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages hint at a potential reversal. The weakening signals from these shorter-term averages indicate that the current upward momentum may be fading, suggesting that a change in direction could be near. Tripple SMA chart for Tanla Platforms Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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