TATA Power - Range play, A breakout awaited

Tata Power is consolidating in a well-defined range, with support around ₹371–372 and resistance near ₹387–388. A breakout above ₹388 can signal renewed upside momentum, while a breakdown below ₹371 can turn the setup bearish. Until either level is decisively breached, the stock is likely to remain range-bound and directionless. $TATAPOWER