Disclaimer: This article is for informational purposes only and should not be considered financial advice. Stock markets are subject to risks and volatility. 

Tata Power's stock is currently trading within a crucial range, with ₹370-₹377 acting as a strong support zone, while ₹390-₹400 is emerging as a resistance level.

Investors and traders are keeping a close watch on these levels to determine the stock's next move. If the stock remains above the support level, it could indicate stability, while a breakout above ₹400 with strong trading volumes may signal a bullish trend.

On the other hand, a fall below ₹370 could trigger further declines, reflecting bearish sentiment in the market.

Tata Power is a major player in the power and renewable energy sector, making it an attractive choice for long-term investors who may see price dips as buying opportunities. 

Meanwhile, short-term traders should closely monitor price movements for breakout or reversal signals that could indicate entry and exit points.