As a macro view, its pending upside 5th cycle value is 5960. (refer attached image)
The gap between current market price 3511 & its active Gann level 5960 (5th cycle level) is not attractive. Due to this reason, I would prefer entering in this stock at 2984-2824 Gann levels.
In worst scenario, if any crash like situation comes then I would again add it at 2188 Gann level. We would be very very luck if it happens. The reason is from 2188 to its active 5th cycle gap will become 171%! And that can be a good investment opportunity in TCS company.
To make such prediction using WD Gann Theory methods, you need to learn Gann Trading Course.
Link of Predictions on Nifty 50 & all 50 stocks belonging it is given below
Nifty 50
Hdfc Bank Ltd
ICICI Bank Ltd
Reliance Industries
Disclaimer: I am not a S.E.B.I. registered advisor. This website is purely for training and educational purposes. I shall not be responsible for your profit or loss. Please confirm with your investment advisor before making any investment decisions.
