Nifty Smallcap 100 Index Trading plan

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Nifty Smallcap 100 Index Trading plan Nifty SmallCap 100 IndexNSE:CNXSMALLCAPAITraderIndiašŸ“ˆ Current Market Context 1H Chart: The index is in a short-term downtrend after a strong rally. Price is nearing a potential demand zone (previous bullish order block) from late June around 18,500–18,600, a likely mitigation point for re-accumulation. 5M Chart: There’s a liquidity sweep and potential bullish reaction forming at the lower end. Signs of selling exhaustion are visible after sharp moves down with diminishing momentum. āœ… Best Smart Money Buy Setup (Intraday Swing) šŸ” Step-by-Step Signal (5M chart): 1. Order Block Identification The last bullish candle before a strong bearish move on July 22 (around 18,825–18,845) is a valid Bearish Order Block. But more importantly, below 18,690, you can see a small Bullish Order Block forming after liquidity grab. 2. Liquidity Sweep Price has swept liquidity below the recent July 23 swing low (~18,700) and formed equal lows around 18,680–18,690. This is classic stop hunt behavior (smart money collects retail sell stops). 3. Entry Zone Look for entry at 18,690–18,700, just above the low of the bullish OB. 4. Confirmation Trigger Wait for a 5M bullish engulfing or FVG fill + BOS (break of structure above a lower high – e.g., 18,720). This is your entry confirmation. šŸŽÆ Trade Plan ComponentLevel / Detail Entry Zone₹18,690–18,700 Stop Loss₹18,655 (Below liquidity sweep) Target 1₹18,770 (Gap fill / OB revisit) Target 2₹18,820 (Structure reclaim) Target 3 (Swing)₹18,900–18,925 (FVG/OB above) Risk-Reward1:2.5 to 1:4 depending on TP 🧠 Smart Money Logic Used Liquidity Grab below equal lows. Bullish Order Block formation. Price action confirmation after sweep (ideal if price reclaims 18,720 level). Potential for bullish retracement or reversal to fill Fair Value Gaps and test previous OBs.