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.

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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) lands on May 11, 2026, and the 630th day from the ATH lands on May 22, 2026. Every major prior 90-day cycle count from 2024 onward correctly identified significant highs or lows within ±11 days. This double convergence makes May 2026 a high-probability turning point.

4. Below 1x2 Gann angle — primary trend still bearish. The 1x2 angle from the COVID Low currently projects at ₹2585. TCS is below even this slow angle, confirming the bears are in control at the structural level. Price must reclaim ₹2585, then ₹2755 (√ midpoint), then ₹2958 (50% Fibonacci) to even partially repair the damage.

5. Seasonal pattern — May–June is a frequent low zone. In your entire dataset, May and June together show the second-highest frequency of swing lows (5 each), while November shows the most lows (6). This seasonal tendency aligns with the current cyclic setup, supporting a potential low in this window.

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2–3 Month Price Outlook

Scenario	Trigger	Target	Probability
Bull	Holds ₹2346, closes above ₹2500	₹2601–₹2705 (51²–52²)	~35%
Base	Range-bound ₹2346–₹2500, breakout later	Directional clarity by July	~40%
Bear	Daily close below ₹2304 (48²)	₹2210 (25% Gann = 47²)	~25%

Hard stop on Gann logic: ₹2300. A confirmed close below this invalidates the natural square support entirely. Watch for volume confirmation above ₹2500 for the bull case to gain traction.