A total of 32 players from the First Stage Section A progressed to the Final Stage and leading them was Simon Griffiths of England.
Of the 32, 11 came from the qualifiers at Royal Thai and another 21 came from Imperial Lakeview Golf Club.
Taunk, looked set to take sole possession of second place with birdies on first and third hole, but bogeys on fifth, seventh and ninth set him back.
He will now play in the Final Stage at the Imperial Lakeview Golf Club and Springfield Royal Country Club from February 12 to 15.
Also Read
At the Imperial Lakeview Golf Club, Japan's Ryoma Yamagata fired a 64 to tie at the top with Australian Matt Jager who returned with a 67.
The First Stage Section B will be played at the Imperial Lakeview Golf Club, Royal Thai Army Sports Center and Springfield Royal Country Club next week from February 5-8.
After four rounds, the top 17 players from each venue will qualify for the all-important Final Stage where the top-40 and ties will earn their playing rights on the new 2014 Asian Tour season.