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    Pythagoras

    Uploaded by

    Umesh Thakkar
    The document contains technical analysis of two stocks, Dr Reddy and TCS. It provides the high, low, and closing prices over time periods to calculate scales, ranges, and turning points for each stock.

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    © All Rights Reserved
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    Pythagoras

    Uploaded by

    Umesh Thakkar
    93 views1 page
    The document contains technical analysis of two stocks, Dr Reddy and TCS. It provides the high, low, and closing prices over time periods to calculate scales, ranges, and turning points for each stock.

    Copyright

    © © All Rights Reserved

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    TXT, PDF, TXT or read online from Scribd

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    The document contains technical analysis of two stocks, Dr Reddy and TCS. It provides the high, low, and closing prices over time periods to calculate scales, ranges, and turning points for each stock.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    93 views1 page

    Pythagoras

    Uploaded by

    Umesh Thakkar
    The document contains technical analysis of two stocks, Dr Reddy and TCS. It provides the high, low, and closing prices over time periods to calculate scales, ranges, and turning points for each stock.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Download as txt, pdf, or txt
    of 1

    Dr Reddy

    L1 - 5159.25
    L2 - 5235.95

    L2-L1 = 5235.95-5159.25=76.7

    Time Taken No of Bars = 61

    Scale = 76.7/61=1.25737

    H=5520.00
    L=5235.95=
    Time Taken - 34 bars
    Scale 1.25737
    Range - 284.05
    284.05/1.25737=225.908 Days

    C=sqrt((225.908)^2+(34)^2)=sqrt(52190.424)
    = 228.4522

    =cuberroot(52190.424)=37 Extact turning

    TCS

    L1 - 3115
    L2 - 3251.55

    L2-L1=3251.55-3115=136.55
    Time Taken No of Bars = 65 Bars
    Scale=136.55/65=2.100769

    L - 3251.55
    H - 3358

    Range =H-L = 3358-3251.55=106.45


    106.45/2.100769=50.67192

    Bars = 16 bars

    C=sqrt((50.67192)^2+(16)^2)=sqrt(2567.6435+256)=sqrt(2823.6435)
    = 53.137966

    =cuberroot(2823.6435)=14.134 Extact turning

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