Introduction to W.D. Gann and His Trading Legacy
W.D. Gann (1878–1955) remains one of the most enigmatic figures in technical analysis. His innovative use of geometry, astrology, and time cycles to forecast market movements laid the groundwork for advanced trading strategies. Gann’s core philosophy revolved around the idea that financial markets move in predictable geometric patterns and cyclical rhythms. Among his most celebrated tools are Gann Angles, Square of Nine, and Time Cycles, which he used to identify trend reversals and price targets.
All traders are looking for that edge. As individual retail traders, we’re competing against the best minds, the most experienced and skilled traders in the world. If you looked at it logically, they hold all the cards, they have a big-brother view of what’s going on in the markets every minute of the day. Does this mean we don’t stand a chance? Not at all – we just need to be a little bit creative sometimes with our trading systems and we can beat them at this game.
This article explores how to apply Gann’s Monthly Trend Change theory to Futures & Options (F&O) stocks, with a focus on setups for March 2025. While the future cannot be predicted with certainty, Gann’s principles offer a structured framework to anticipate potential turning points.
How to Trade
These levels are valid from 10-March 2025 to 09-April 2025.
- Wait for the price to approach the levels. Be patient and don’t enter a trade prematurely.
- Once the price nears a level, watch for a 5-minute candle close. This will give you a clearer indication of the price direction.
- Entry:
- If the candle closes above the level, take a long trade.
- If the candle closes below the level, take a short trade.
- Stop-Loss (SL):
- Stocks: 1% of the entry price.
- Nifty: 50 points.
- Bank Nifty: 108 points.
- Target:
- Stocks: 5% from the entry price, then trail with a Trailing Stop-Loss (TSL).
- Nifty: 125 points, then TSL.
- Bank Nifty: 333 points, then TSL.
- Maximum Daily Losses: If your SL gets triggered twice in one day, stop trading for the rest of the day.
- Examples: We have provided a video below with examples on Nifty, Bank Nifty, and Auropharma.
- Discipline and Position Sizing: Stay disciplined and trade with a proper position size to manage risk effectively.
Remember: Trading involves risks, and past performance is not indicative of future results. Always trade with caution and use appropriate risk management techniques.
| TICKER | GANN MONTHLY TC LEVEL | Difference from MONTHLYGann TC Level | % from MONTHLYGann TC Level |
| TITAN | 3079.5 | -0.15 | 0 |
| SBICARD | 834.86 | -0.06 | 0.01 |
| ICICIBANK | 1214.29 | 0.26 | 0.02 |
| JKCEMENT | 4422.3 | -0.75 | 0.02 |
| PRESTIGE | 1144.66 | 0.19 | 0.02 |
| TRENT | 4998.73 | 1.13 | 0.02 |
| ABBOTINDIA | 30750.93 | 17.38 | 0.06 |
| LTIM | 4718.64 | 3.31 | 0.07 |
| DALBHARAT | 1698.09 | -1.74 | 0.1 |
| TECHM | 1494.05 | -1.7 | 0.11 |
| ASTRAL | 1331.01 | 1.64 | 0.12 |
| SHRIRAMFIN | 630.09 | 0.76 | 0.12 |
| Nifty Bank | 48414.13 | 83.38 | 0.17 |
| PERSISTENT | 5290.11 | -11.31 | 0.21 |
| ANGELONE | 2102.61 | -4.61 | 0.22 |
| SUPREMEIND | 3398.29 | -7.84 | 0.23 |
| ICICIPRULI | 550.88 | -1.33 | 0.24 |
| TATACONSUM | 959.7 | 2.35 | 0.24 |
| UBL | 1917.52 | 4.78 | 0.25 |
| INDUSTOWER | 326.51 | 0.89 | 0.27 |
| MAXHEALTH | 976.59 | 4.16 | 0.42 |
| HCLTECH | 1564.85 | -6.9 | 0.44 |
| BAJAJFINSV | 1836.93 | 8.38 | 0.45 |
| IDEA | 7.59 | -0.03 | 0.46 |
| DIXON | 13976.8 | -65.55 | 0.47 |
| UPL | 626.91 | 2.94 | 0.47 |
| ABFRL | 241.06 | 1.25 | 0.52 |
| SBILIFE | 1419.04 | -7.44 | 0.53 |
| HINDUNILVR | 2192.34 | 12.21 | 0.55 |
| INFY | 1695.31 | -9.31 | 0.55 |
| BAJFINANCE | 8453.08 | -48.58 | 0.58 |
| DELHIVERY | 253.97 | 1.48 | 0.58 |
| HEROMOTOCO | 3631.31 | 21.19 | 0.58 |
| WIPRO | 283.14 | 1.66 | 0.58 |
| BALKRISIND | 2575.61 | -16.01 | 0.63 |
| M&MFIN | 272.91 | 1.74 | 0.63 |
| ICICIGI | 1675.91 | 11.04 | 0.65 |
| KOTAKBANK | 1922.45 | 12.95 | 0.67 |
| IDFCFIRSTB | 57.73 | -0.39 | 0.68 |
| DRREDDY | 1125.3 | 7.95 | 0.7 |
| GODREJPROP | 1994.3 | 14.05 | 0.7 |
| CYIENT | 1260.63 | 8.97 | 0.71 |
| PHOENIXLTD | 1549.05 | 11.1 | 0.71 |
| ITC | 400.95 | 2.95 | 0.73 |
| NAUKRI | 6884.65 | -50.8 | 0.74 |
| YESBANK | 16.75 | 0.13 | 0.76 |
| DABUR | 491.97 | 3.83 | 0.77 |
| BATAINDIA | 1223.53 | 9.57 | 0.78 |
| PAGEIND | 40388.04 | -320.89 | 0.8 |
| GAIL | 156.83 | 1.31 | 0.83 |
| BANKINDIA | 96.56 | 0.85 | 0.87 |
| SHREECEM | 27742.06 | 243.14 | 0.87 |
| LT | 3214.91 | 29.79 | 0.92 |
| MARUTI | 11772.4 | -108.25 | 0.93 |
| SUNTV | 564.59 | 5.31 | 0.93 |
| SUNPHARMA | 1594.1 | 15.2 | 0.94 |
| Nifty 50 | 22336.36 | 216.14 | 0.96 |
| FEDERALBNK | 178.62 | 1.89 | 1.05 |
| BOSCHLTD | 26743.57 | 289.83 | 1.07 |
| NYKAA | 163.02 | 1.77 | 1.07 |
| HDFCLIFE | 618.42 | 6.78 | 1.08 |
| ZYDUSLIFE | 891.08 | 9.72 | 1.08 |
| MGL | 1269.88 | 14.13 | 1.1 |
| ASHOKLEY | 212.13 | -2.35 | 1.12 |
| COLPAL | 2446.45 | 27.7 | 1.12 |
| DIVISLAB | 5516.4 | 62.35 | 1.12 |
| MPHASIS | 2276.29 | 25.96 | 1.13 |
| KEI | 3186.25 | 37.6 | 1.17 |
| LODHA | 1126.01 | -13.01 | 1.17 |
| EXIDEIND | 351.52 | 4.33 | 1.22 |
| IPCALAB | 1349.31 | -16.21 | 1.22 |
| APOLLOHOSP | 6139.36 | 76.74 | 1.23 |
| MRF | 105869.25 | 1333.7 | 1.24 |
| APLAPOLLO | 1440.03 | 18.22 | 1.25 |
| PETRONET | 282.31 | 3.59 | 1.25 |
| AXISBANK | 1024.26 | 13.39 | 1.29 |
| HDFCBANK | 1711.09 | -21.84 | 1.29 |
| MUTHOOTFIN | 2151.26 | 28.19 | 1.29 |
| INDIAMART | 1984.31 | 26.39 | 1.31 |
| TVSMOTOR | 2302.26 | 30.64 | 1.31 |
| CHOLAFIN | 1438.16 | 19.19 | 1.32 |
| ESCORTS | 2971.3 | 39.8 | 1.32 |
| IGL | 186 | 2.49 | 1.32 |
| ULTRACEMCO | 10440.86 | 141.54 | 1.34 |
| HAVELLS | 1439.49 | 21.06 | 1.44 |
| INDHOTEL | 733.15 | 11.15 | 1.5 |
| BSOFT | 427.72 | 6.73 | 1.55 |
| OBEROIRLTY | 1519.14 | 24.01 | 1.56 |
| BHARTIARTL | 1605.02 | 25.68 | 1.57 |
| ALKEM | 4661.1 | 76.95 | 1.62 |
| TATAPOWER | 345.64 | 5.81 | 1.65 |
| GRASIM | 2367.16 | 40.09 | 1.67 |
| BAJAJ-AUTO | 7702.25 | -127.5 | 1.68 |
| MARICO | 599.41 | 10.24 | 1.68 |
| GMRAIRPORT | 71.59 | 1.23 | 1.7 |
| CDSL | 1132.86 | 20.04 | 1.74 |
| TATACOMM | 1358.97 | 24.88 | 1.8 |
| TCS | 3546.38 | 64.82 | 1.8 |
| BRITANNIA | 4662.4 | 85.85 | 1.81 |
| UNITDSPR | 1303.79 | 24.06 | 1.81 |
| AUROPHARMA | 1077.31 | 20.09 | 1.83 |
| TATAELXSI | 5521.14 | 103.01 | 1.83 |
| IRB | 43.69 | 0.82 | 1.85 |
| POWERGRID | 258.36 | 4.94 | 1.88 |
| AUBANK | 554.61 | -10.31 | 1.89 |
| PIDILITIND | 2699.26 | 51.94 | 1.89 |
| NESTLEIND | 2195.68 | 42.77 | 1.91 |
| ABCAPITAL | 157.74 | 3.11 | 1.94 |
| CIPLA | 1429.71 | 28.74 | 1.97 |
| COALINDIA | 373.16 | 7.49 | 1.97 |
| COFORGE | 7554.74 | 152.51 | 1.98 |
| CUMMINSIND | 2841.76 | 57.29 | 1.98 |
| JUBLFOOD | 614.86 | -12.06 | 2 |
| LICI | 747.93 | 15.22 | 2 |
| POLICYBZR | 1426.07 | -28.27 | 2.02 |
| RAMCOCEM | 853.25 | 18.4 | 2.11 |
| ACC | 1845.36 | 40.39 | 2.14 |
| ZOMATO | 221.47 | -4.64 | 2.14 |
| HDFCAMC | 3751.23 | 82.97 | 2.16 |
| VOLTAS | 1374.94 | 30.51 | 2.17 |
| IRCTC | 685.36 | 15.29 | 2.18 |
| INDIGO | 4554.92 | 102.63 | 2.2 |
| PAYTM | 699.97 | -15.13 | 2.21 |
| SAIL | 108.46 | 2.45 | 2.21 |
| SYNGENE | 664.46 | 15.19 | 2.23 |
| DLF | 652.08 | 14.97 | 2.24 |
| JSWENERGY | 480.66 | 11.04 | 2.24 |
| BANKBARODA | 201.27 | 4.63 | 2.25 |
| NCC | 180.57 | 4.17 | 2.25 |
| POONAWALLA | 281.96 | 6.49 | 2.25 |
| PNB | 89.11 | 2.06 | 2.26 |
| RBLBANK | 160.07 | 3.72 | 2.27 |
| MFSL | 1012.68 | 23.92 | 2.31 |
| GODREJCP | 1021.05 | 24.25 | 2.32 |
| M&M | 2664.63 | 63.23 | 2.32 |
| OFSS | 7744.46 | -175.36 | 2.32 |
| NTPC | 321.84 | 7.71 | 2.34 |
| ONGC | 227.4 | 5.49 | 2.36 |
| TATAMOTORS | 632.8 | 15.5 | 2.39 |
| LTF | 138.32 | 3.4 | 2.4 |
| BERGEPAINT | 496.86 | 12.49 | 2.45 |
| CANBK | 82.91 | 2.11 | 2.48 |
| MANAPPURAM | 203.23 | 5.16 | 2.48 |
| METROPOLIS | 1609.15 | 41.15 | 2.49 |
| CONCOR | 640.22 | 16.43 | 2.5 |
| JSWSTEEL | 985.89 | 25.26 | 2.5 |
| ASIANPAINT | 2213.11 | 56.89 | 2.51 |
| SJVN | 85.55 | 2.21 | 2.52 |
| SONACOMS | 504.51 | 13.09 | 2.53 |
| GUJGASLTD | 379.13 | 9.88 | 2.54 |
| NHPC | 75.07 | 1.96 | 2.55 |
| TORNTPOWER | 1297.69 | 34.31 | 2.58 |
| CHAMBLFERT | 556.23 | 14.97 | 2.62 |
| DMART | 3498.73 | 94.88 | 2.64 |
| INDIANB | 516.05 | 14.1 | 2.66 |
| TATACHEM | 793.61 | 21.69 | 2.66 |
| TORNTPHARM | 2991.31 | 82.49 | 2.68 |
| RELIANCE | 1216.15 | 33.65 | 2.69 |
| EICHERMOT | 4960 | 140.7 | 2.76 |
| INDUSINDBK | 962.9 | -26.15 | 2.79 |
| HFCL | 81.53 | 2.35 | 2.8 |
| PEL | 892.59 | 25.96 | 2.83 |
| CUB | 151.5 | 4.43 | 2.84 |
| IEX | 159.18 | 4.75 | 2.9 |
| PIIND | 3124.86 | 94.24 | 2.93 |
| SRF | 2848.95 | 86.4 | 2.94 |
| JINDALSTEL | 882.14 | 26.81 | 2.95 |
| LUPIN | 1968.2 | 61.8 | 3.04 |
| PVRINOX | 933.33 | 29.42 | 3.06 |
| POLYCAB | 4907.56 | 155.89 | 3.08 |
| BANDHANBNK | 145.29 | 4.63 | 3.09 |
| MCX | 4808.69 | -144.64 | 3.1 |
| SBIN | 709.91 | 22.84 | 3.12 |
| ADANIGREEN | 810.66 | 26.54 | 3.17 |
| LTTS | 4665.89 | 156.11 | 3.24 |
| UNIONBANK | 113.93 | 3.85 | 3.27 |
| ABB | 5150.84 | 175.71 | 3.3 |
| CROMPTON | 333.08 | 11.38 | 3.3 |
| BHARATFORG | 1051.8 | 36 | 3.31 |
| GRANULES | 476.66 | 16.49 | 3.34 |
| COROMANDEL | 1697.48 | 58.82 | 3.35 |
| MOTHERSON | 123.51 | 4.28 | 3.35 |
| ATUL | 5503.66 | 193.39 | 3.39 |
| LALPATHLAB | 2407.27 | 85.98 | 3.45 |
| LAURUSLABS | 550.89 | 19.96 | 3.5 |
| NMDC | 64.78 | 2.35 | 3.5 |
| ADANIPORTS | 1103.22 | 41.28 | 3.61 |
| GNFC | 484.31 | 18.14 | 3.61 |
| JIOFIN | 213.74 | 8.07 | 3.64 |
| LICHSGFIN | 512.9 | 19.5 | 3.66 |
| AMBUJACEM | 481.3 | 18.5 | 3.7 |
| ADANIENT | 2162.99 | 84.51 | 3.76 |
| SOLARINDS | 9125.68 | 360.82 | 3.8 |
| CAMS | 3235.45 | 130.25 | 3.87 |
| CESC | 135.49 | 5.45 | 3.87 |
| PFC | 385.25 | 15.85 | 3.95 |
| OIL | 354.88 | 14.88 | 4.02 |
| DEEPAKNTR | 1908.19 | 80.81 | 4.06 |
| KALYANKJIL | 449.31 | -17.61 | 4.08 |
| SIEMENS | 4892.58 | 213.52 | 4.18 |
| BHEL | 188.64 | 8.31 | 4.22 |
| BPCL | 250.06 | 11.21 | 4.29 |
| TIINDIA | 2585.82 | 115.98 | 4.29 |
| GLENMARK | 1343.68 | 60.72 | 4.32 |
| BSE | 4360.85 | -182.55 | 4.37 |
| APOLLOTYRE | 393.55 | 18.15 | 4.41 |
| NAVINFLUOR | 3897.15 | 180.45 | 4.43 |
| IOC | 119.28 | 5.56 | 4.45 |
| CANFINHOME | 601.39 | 28.21 | 4.48 |
| HINDALCO | 660.28 | 31.07 | 4.49 |
| RECLTD | 387.36 | 18.84 | 4.64 |
| HINDCOPPER | 213.43 | 10.42 | 4.65 |
| NATIONALUM | 185.97 | 9.2 | 4.71 |
| KPITTECH | 1243.53 | 61.88 | 4.74 |
| IRFC | 117.36 | 6.06 | 4.91 |
| ATGL | 577.17 | 30.03 | 4.94 |
| NBCC | 76.74 | 4.03 | 4.98 |
| BIOCON | 316.9 | 16.8 | 5.03 |
| HUDCO | 172.99 | 9.28 | 5.09 |
| TATASTEEL | 143.83 | 7.73 | 5.1 |
| HAL | 3274.02 | 178.03 | 5.16 |
| JSL | 620.38 | 34.22 | 5.23 |
| BEL | 262.46 | 14.53 | 5.24 |
| HINDPETRO | 314.35 | 18.1 | 5.44 |
| VEDL | 421.17 | 24.28 | 5.45 |
| CGPOWER | 595.26 | 34.79 | 5.52 |
| VBL | 459.56 | 28.19 | 5.78 |
| ADANIENSOL | 698.38 | 49.22 | 6.58 |