Stock Radar: Tata Power stock breaks out from descending trendline resistance; time to buy?

Tata Power stock is showing positive signs. A double bottom pattern has formed on daily charts. The stock has also broken a descending trendline. Experts suggest buying the stock for a target of Rs 470 in the next 3-4 months. The stock is considered undervalued. High volume was seen on January 2, 2026.