Chapter 4 | 3 min read

Daily Time Periods

Introduction

Gann said the daily movement gives the first minor change in trend and follows the same rules as weekly and monthly cycles. For swing traders and short-term traders, daily time periods help time entries and exits more precisely.

Gann's Daily Rules

  • In fast markets, there is often only a 2-day move against the main trend. On the third day, the main trend resumes.
  • A daily move against the trend may run 7 to 10 days and then the main trend resumes.
  • Next to the 30-day change, the most important daily changes come every 7th, 10th, 14th, 20th and 21st day from a top or bottom.
  • Sometimes the change occurs on the 28th day, and at other times on the 33rd or 34th day.

Natural Turning Days in a Month

Gann noted that natural changes in trend within a month often occur around:

  • 6th to 7th
  • 9th to 10th
  • 14th to 15th
  • 19th to 20th
  • 23rd to 24th
  • 29th to 31st

Important Day Counts from Tops and Bottoms

Watch for changes around these day counts from any important top or bottom:

30, 45, 60, 90, 120, 135, 150, 180, 210, 225, 240, 270, 300, 315, 330 and 360 days.

Gann linked these to the degrees of a circle (for example, 90 days = 90 degrees, a quarter of a year).

Example: 2-Day Rule in a Strong Trend (Illustrative)

ICICI Bank is in a strong uptrend. It closes lower for two days, from Rs 1,280 to Rs 1,245. On the third day, it opens flat and closes at Rs 1,268. According to Gann's 2-day rule, the main uptrend has resumed. A trader can buy with a stop-loss below Rs 1,245.

Example: 30-Day Count (Illustrative)

Nifty makes a top on 10 January. Gann watches for a change around 9 February (30 days). Nifty falls into early February and forms a bullish engulfing candle on 8 February near a 50% retracement level. Time and price together suggest a bottom.

Why Counts Vary

Gann explained that some turns come a few days early or late because different cycles overlap. Treat each count as a window of a few days, not a single exact date.

Indian Market Events to Add

In India, also mark key event dates such as the Union Budget, RBI policy meetings, and quarterly results seasons. When a Gann time count falls near a major event, the chance of a strong move increases.

Use GoPocket for Daily Timing

Create a simple calendar of Gann day counts for your stocks. On those days, watch the live charts and market depth on the GoPocket app. If you see a reversal, act with a Limit order and a stop-loss. For intraday reversals, a Cover Order ensures a compulsory stop-loss.

Frequently Asked Questions

Which day count is the most important?

Gann gave special importance to 30, 90, 180 and 360 days.

Should I trade every time count?

No. Trade only when time, price level and a reversal pattern agree.

Key Takeaways

  • In fast trends, counter-moves often last only 2 days.
  • Watch the 7th, 10th, 14th, 20th, 21st and 30th days from tops and bottoms.
  • Treat time counts as windows and confirm with price.

Disclaimer: Illustrative example. Not investment advice.