TCS - Gann based Analysis
Key Findings Where TCS stands today (₹2,394 — May 8, 2026) The stock is sitting almost exactly on the Gann natural square of 49² = 2401, just above the March 2026 swing low of ₹2,346 (near 48² = 2304). This is a significant Gann support confluence. Five Core Gann Patterns Identified 1. Natural Square of 9 — Price at a critical node. TCS at ₹2394 ≈ 49² = 2401. Gann taught that prices gravitate to and repel from natural square numbers. The 48²–49² band (₹2304–₹2401) is acting as a floor. A sustained close below ₹2304 would trigger the next support at 47² = 2209. 2. 47.3% correction from ATH mirrors Gann's equal-alternation rule. The bull move was +205% in 1631 days. The correction has retraced nearly half of it in 579 days. Gann often noted that markets retrace approximately 50% of the prior move before resuming, making the ₹2346–₹2459 zone a natural accumulation zone. 3. Two independent time cycles converge at May 2026. The 2250th day from the COVID Low (90 × 25 cycles) l...