Tanla Platforms Ltd – Technical View

📊 Tanla Platforms Ltd – Technical View Timeframe: Daily The stock is in a prolonged downtrend but has recently formed a Falling Wedge pattern, indicating a potential trend reversal setup. Price is attempting to stabilise near the lower Bollinger Band, while selling pressure appears to be gradually exhausting. Momentum indicators suggest early signs of improvement, though confirmation is still awaited. 🔑 Key Levels Immediate Resistance: ₹545 – ₹555 Major Resistance: ₹570 – ₹585 Support Zone: ₹520 – ₹510 Lower Support: ₹495 – ₹480 📉 Outlook A decisive breakout above ₹555 with volume can trigger upside towards ₹585 / ₹620. Sustaining above the wedge breakout zone improves the probability of a mean reversion rally. Failure to hold ₹510 may lead to renewed weakness. 📌 Trading Insight Trend reversal only on confirmed breakout. Conservative traders should wait for a daily close above resistance. ⚠️ Educational view only. Not a buy/sell recommendation. 📌 Trade with strict risk management. — AALGO BREATHS