TATAPOWER - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.5

Here’s a detailed technical analysis of Tata Power Company Ltd. (TATAPOWER)

📊 Trend Overview

Current Trend: Consolidating with neutral bias

Price is hovering around 50-DMA (₹399) and above 200-DMA (₹393) — suggests indecision.

RSI (48.4) — mid-range, indicating lack of strong momentum.

MACD (-0.02) — flat, signaling no clear directional bias.

Volume: Slightly above average — mild interest from market participants.

📈 Chart Patterns & Indicators

Moving Averages

Price ≈ 50-DMA and > 200-DMA → short-term support, long-term stability.

Bollinger Bands

Price likely near mid-band — no breakout or squeeze pattern visible.

Support Levels

₹393 – ₹399 (DMA zone)

₹375 – ₹385 (recent base zone)

₹326 (52-week low)

Resistance Levels

₹410 – ₹420 (minor swing highs)

₹450 – ₹470 (psychological resistance)

₹495 (52-week high)

🔍 Momentum Signals

Short-Term Bias: Neutral to mildly bullish

RSI and MACD both flat — momentum is weak but stable.

Volume trend is steady — no signs of accumulation or distribution.

Volatility: Low — price action is range-bound.

🎯 Entry & Exit Zones

Action Price Zone (₹) Rationale

Buy Entry ₹393 – ₹400 Near support, low-risk accumulation

Exit Target ₹420 – ₹450 Resistance zone and swing highs

Stop Loss ₹385 Below recent support

🧠 Summary

TATAPOWER is currently consolidating, with price action hovering around key moving averages and momentum indicators showing neutrality. While there’s no strong bullish or bearish signal, the stock is holding above its 200-DMA, which provides a cushion for potential upside. A breakout above ₹420 with volume confirmation could trigger a move toward ₹450+. Until then, range-bound trading is likely.

Want to explore how this setup compares with other energy or utility sector stocks? I can help you spot stronger momentum or sector rotation opportunities.

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