Stock Trading using Ichimoku and Harmonics by a Real Trader


Dinesh Nagpal

Initially an Investor during his College days back in 1987 to a full time trader since 2006, practicing the Japanese Study of Ichimoku Kinko Hyo. Active in social media on Nifty and stocks under tweet handle "bluechips4u" and linkedin profile "Dinesh C Nagpal" with regular updates on timely entry and exit levels. Strong believer of Rigveda: Ano Bhadrah Krathavo Yanthu Vishwathah - Let knowledge come from every direction.

Dinesh Nagpal in Face2Face

Mr. Vivek Bajaj


Mr. Vivek Bajaj

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.

About this Face2Face:

In this instalment of the Face2Face series, we have with us Mr. Dinesh Nagpal, an expert trader who uses technical indicators to trade stocks with the Ichimoku indicator and harmonic patterns, in conversation with Mr. Vivek Bajaj, co-founder, StockEdge, Elearnmarkets.


Being from a business background and as someone who has seen the ups and downs of businesses quite frequently, Mr. Dinesh Nagpal understand the fundamentals of stock market psychology quite well, and this is what we will touch upon in this video. We will first discuss the events from Mr. Dinesh Nagpal’s life which have led him to start efficiently trading in the stock market.


We will start our conceptual discussion with the kind of soft skills you need to build the right trading psychology mindset in the stock market – with the right discipline, experience and knowledge. We will also talk about some challenges which hold new traders back and the importance of having the right kind of knowledge before trading.


Mr. Dinesh Nagpal will discuss his own journey of trading in the stock market and how he learned about Elliot wave theory and its pros and cons, and how he chose Ichimoku and harmonic trading as his go-to solution for finding the best trades for his capital growth.

We will discuss the advantages of harmonics trading and patterns over other styles and how it helps us identify and trade on reversals better. Mr. Dinesh Nagpal will discuss his own process of how he mastered both Ichimoku and harmonics with the right kind of focus, deep learning, and hard work.


To begin with his technical presentation, Mr. Dinesh Nagpal will first discuss the importance of tracking technical indicators during the market hours, as well as before and after the market, hours are over, irrespective of the time period we are looking to aim for. Next, we will discuss the various time periods we should be looking at to track the performance, followed by the basics and definition of the Ichimoku indicator and how we can track the performance of stocks using the Ichimoku cloud. He will show us how he uses a variety of trading indicators to identify a reversal to trade-in.


Next, with the same example, we will see how we can identify a profitable entry and exit point with harmonic patterns. With some examples of his real-life trades, Mr. Nagpal will discuss how we can draw and trace harmonic patterns over various situations in the stock market and how we can trade with them.