Gap shouldnt matter after such a long time. Although the gap border may act as a minor support. I am always learning about the market so I may not be right. Good luck. Also I am still holding on to TCS so yea perhaps might have a bias.
FAHEEMSAM
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@rshn50, it is acting as a support now. It may break or may be not. I am justing sharing my analysis. So actually i believe that time increase value of a support/resistance and not decrease. So this might will act an important price area. And when you look at history, gaps are always filled in the market. I think history will repeat.
Agree Gaps always get filled in due time. Sometimes within a day or sometimes takes months. In case of TCS, perhaps right after the buyback it should have a sharp fall and might reach 2400-2500 levels.
Went through some of your analysis. Thanks for your work and sharing it with us. Good Luck.