TANLA - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 Intraday Trade Rating for TANLA: 3.8
Here’s a breakdown of the analysis and strategy for today’s session
🔍 Intraday Trade Suitability
Momentum Indicators: RSI at 49.3 suggests neutral momentum—neither overbought nor oversold. MACD at 4.94 is mildly bullish but not strongly trending.
Volume: Current volume (6.33L) is slightly below the 1-week average (7.91L), indicating moderate interest.
Price Action: Trading near the 200 DMA (₹644) and slightly above the 50 DMA (₹626) suggests indecision. The stock is consolidating, not trending strongly.
📈 Conclusion: TANLA is a moderate candidate for intraday trading today. Not ideal for aggressive trades, but suitable for range-bound strategies or scalping.
💰 Optimal Buy Price
Buy Zone: ₹620–₹628 (on dips near support levels)
Confirmation: Look for price stability above ₹626 with volume pickup before entering.
🎯 Exit Levels
Scenario Price Level (₹) Strategy
Profit Booking ₹647–₹651 Resistance zone; partial exit
Stop Loss ₹612 Below intraday low; exit fully
Trailing Stop ₹636 Use if price moves above ₹645
🕒 If You Already Hold TANLA Today
Exit on Weakness: If price drops below ₹620 with rising volume, consider exiting.
Exit on Strength: If price crosses ₹647 with strong momentum, trail stop-loss and book profits near ₹651.
Watch for Reversal: If RSI dips below 45 and MACD flattens, momentum may fade—exit near ₹636.
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