TATA POWERTata Power Company LimitedNSE:TATAPOWERskg7777711What I expect next (plausible scenarios) Base case (more likely short-term): price holds the ₹383–385 band (recent intraday lows / lower BB). Bounce to ₹397–412 over the next several days–weeks (mean reversion to SMA20 / upper BB). Technical justification: near-lower BB + RSI not deeply oversold Bear case (if support fails): clear 1-2 day weekly close below ₹383 → momentum accelerates downside. Next meaningful supports: ~₹360 (psychological / prior congestion) then the 52-week low area ~₹326. Expect increased selling volume on that break. Bull case (confirmation required): sustained close above ₹400–405 with rising volumes → that would open a run toward ₹430–447 (52-week high / larger resistance). Until that confirmation, upside is capped around the SMA20 / upper BB zone. Concrete price levels & trade plan (choose the plan that matches your time horizon and risk appetite) Short-term swing (days → 2–3 weeks) Entry (if buying): ₹384–388 (on weakness around lower BB/support). Stop-loss: ₹377 (below lower band / small invalidation). Target1: ₹398–405 (SMA20 / upper BB). Target2 (if momentum continues): ₹412–430. Rationale: favorable risk/reward if support holds and RSI recovers. Momentum breakout trade (if buying strength shows) Trigger: Daily close > ₹405 on above-average volume. Stop: close below ₹395 or intraday 2%–3% trail. Target: ₹447 (52-week high) first; then re-assess. Rationale: confirmation of trend change — more reliable entry. Short / hedge (if bearish) Trigger: daily close < ₹383 with rising volume. Initial target: ₹360; extended target ₹326 (52-week low). Stop: small stop above ₹390–395 depending on risk tolerance. Volume on support test: low volume pullback + hammer/bullish reversal candle near ₹383 favors bounce; high volume break below ₹383 favors short. Investing.com India RSI: a move back above 50 would support a bullish swing; sustained