TANLA - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:55 pm

Technical Rating: 3.0

📊 Chart Patterns: TANLA is trading below its 50 DMA (595 ₹) and 200 DMA (632 ₹), showing weakness. Support lies near 409 ₹, while resistance is around 595–632 ₹. The broader chart suggests a downward bias with consolidation near lows.

📈 Moving Averages: Current price (536 ₹) is below both 50 DMA and 200 DMA, signaling bearish momentum.

📉 RSI: At 46.1, RSI is neutral to weak, suggesting limited momentum.

📉 MACD: Negative (-13.1), confirming bearish crossover and downside pressure.

📊 Bollinger Bands: Price is near the lower band, indicating oversold conditions and possible short-term bounce.

📊 Volume Trends: Current volume (3,37,748) is higher than average weekly volume (2,37,966), showing increased participation but not yet strong buying interest.

🚦 Momentum Signals: Short-term momentum remains bearish. A bounce may occur near 520–530 ₹, but recovery requires crossing 595–632 ₹.

🎯 Entry Zone: 520–540 ₹ (near support).

🎯 Exit Zone: 595–632 ₹ (resistance at 50 & 200 DMA).

📌 Trend Status: The stock is consolidating with bearish bias, not yet reversing into an uptrend.

Positive

• Strong ROCE (41.0%) and ROE (47.6%) indicate excellent capital efficiency.
• Dividend yield of 2.19% provides steady income to shareholders.
• FII holdings increased by 1.75%, showing foreign investor confidence.
• PEG ratio of 0.71 suggests attractive valuation relative to growth.

Limitation

• Stock trading below both 50 & 200 DMA indicates weak technical strength.
• Quarterly profit variation (-96.6%) shows sharp earnings decline.
• Debt-to-equity ratio of 0.26 adds moderate leverage risk.

Company Negative News

• PAT declined drastically from 52.3 Cr. to 3.14 Cr.
• DII holdings decreased by -0.18%, showing weaker domestic institutional support.

Company Positive News

• FII inflows reflect confidence in long-term growth potential.
• Dividend yield remains attractive compared to peers.

Industry

• Industry P/E at 39.9 indicates moderate valuation compared to TANLA’s lower P/E (27.4).
• Telecom and technology sector remains supported by digital adoption and enterprise communication demand.

Conclusion

⚖️ TANLA is consolidating with bearish bias, trading below key moving averages. Short-term traders may consider entry near 520–540 ₹ with exit around 595–632 ₹. Long-term investors should be cautious due to sharp earnings decline and weak technicals, but strong fundamentals, dividend yield, and foreign investor support provide resilience.