TATAPOWER Stock Sees a -0.09% movement, forming bearish Momentum on Jul 01, 2025
Company Profile
Symbol : TATAPOWER
Exchange : NSE
Sector : Utilities
Industry : Utilities - Independent Power Producers
Market Size : 1.304T (Large-Cap)
Website : https://www.tatapower.com/
Price Movement today
Date: Jul 01, 2025 (Tuesday)
As of 9:49:25 AM GMT+5:30
open : $406.00
close : $405.10
low : $404.70
high : $407.20
previous close: $405.45
Also check: Tool to spot which candlestick has formed
Price Analysis On Jul 01, 2025 (Tuesday), Tata Power Company Limited (TATAPOWER) showed bearish momentum of -0.09% relative to previous day's close. (As of 9:49:25 AM GMT+5:30)
Opening Bell At the opening bell, the stock opened at $406.00, a minor gap up of 0.14% from the previous close of $405.45.
Volume Analysis During the day's session, Tata Power Company Limited experienced a substantial drop in trading activity, trading 516,214 shares, which is 92.17% lower than the average of 6,594,291 shares, like a sharp decrease in volume compared to its usual levels. This decline indicates reduced market participation or a lack of significant news to drive interest. (As of 9:49:25 AM GMT+5:30)
Trading Range Tata Power Company Limited, hit a high of $407.20 and a low of $404.70, creating a trading range of $2.50. The stock closed 0.09% lower than the previous day and 0.22% lower than the day's open.
Volatility Analysis The stock experienced minimal volatility (0.62%), showing a small movement (the stock remained relatively steady, ranging from $404.70 to $407.20).
Market view Notably, the stock has been on a strong upward trajectory in recent months but today's close < open forms a bearish candle, going against the trend and hinting at selling pressure or potential weakness in the uptrend.
Technical View On Chart [1D timeframe]
Tata Power Company Limited's (TATAPOWER) daily chart reveals a definite rising parallel channel pattern from late January to July 2025. Price has followed both upper and lower trendlines, showing a consistent increase. The stock has just rebounded from the lower barrier and is now approaching the main resistance at ₹407.50. A sustained breakout above this level might lead to a test of the next barrier near ₹449.65. A collapse below the channel could trigger support at ₹344.60. Volume remained mild, which supports the trend continuance bias.
Disclaimer: This analysis is provided solely for educational purposes and does not include any recommendations. For any financial decisions, it’s advised to consult with your financial advisor.