TATAPOWER

The power and renewable energy space has been attracting steady buying interest, and Tata Power is showing a technically interesting structure after a phase of consolidation. Technical Setup • Stock consolidating near an important support zone • Gradual formation of higher lows on the daily chart • Momentum likely if price sustains above the recent resistance area My View The stock appears to be building a base after the previous rally. If the price manages to break and sustain above ₹430, it could trigger fresh buying momentum. Possible Levels to Watch Bullish trigger: Above ₹430 Upside zones: ₹450 / ₹468 Support area: ₹405–410 Why this stock is interesting • Strong presence in renewable and clean energy projects • Increasing capex in the power sector in India • Consistent long-term growth story within the Tata group companies Opinion: If the breakout happens with good volumes, Tata Power could see a short-term momentum move, while long-term investors continue to track the renewable expansion story.