TATAPOWER offers a strong buy-side technical setup holding above key pivot support at ₹398 with bullish alignment across 5/10/20/50/100/200 SMA/EMA confirming sustained uptrend resilience despite minor pullback to ₹393.70 LTP. RSI neutral at 60.69 with positive MACD(5.41) and momentum indicators (ROC 4.00%) signal healthy buying conviction without overbought extremes, complemented by proximity to S1 ₹390 creating favorable risk-reward near strong support zone S2 ₹385/S3 ₹377. Higher lows formation validates accumulation—attractive long entry targeting R1 ₹402.88/R2 ₹410 resistance with tight stops below S3 ₹372 for optimal upside capture in this leading power utility stock.
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