NIFTY Futures (15min) – Technical Analysis using SMC | ICT | Price Action
1. Price took liquidity below 22,405, sweeping sell-side stops — a common smart money move
before reversing.
2. A clear market structure shift occurred as price broke previous swing highs after the liquidity
grab.
3. Price is currently reacting from a bullish order block between 22,440 – 22,480, showing signs
of accumulation.
4. The entry aligns with ICT’s Optimal Trade Entry (OTE) zone near the 61.8% Fibonacci
retracement level.
5. Price was consolidating in a tight range (5min) and has now started breaking out to the
upside.
6. There is a visible imbalance / fair value gaps between 22,760 – 22,920 that price may look to
fill.
7. Immediate targets are:
- 22,760 (start of imbalance)
- 22,920 (buy-side liquidity above recent highs)
- 23,250 (clean inefficiency zone)
- 23,310 (major resistance / previous high)
8. The setup becomes invalid if price breaks and closes below 22,405 — that’s the stop-loss level.
Thanks for your time..
1. Price took liquidity below 22,405, sweeping sell-side stops — a common smart money move
before reversing.
2. A clear market structure shift occurred as price broke previous swing highs after the liquidity
grab.
3. Price is currently reacting from a bullish order block between 22,440 – 22,480, showing signs
of accumulation.
4. The entry aligns with ICT’s Optimal Trade Entry (OTE) zone near the 61.8% Fibonacci
retracement level.
5. Price was consolidating in a tight range (5min) and has now started breaking out to the
upside.
6. There is a visible imbalance / fair value gaps between 22,760 – 22,920 that price may look to
fill.
7. Immediate targets are:
- 22,760 (start of imbalance)
- 22,920 (buy-side liquidity above recent highs)
- 23,250 (clean inefficiency zone)
- 23,310 (major resistance / previous high)
8. The setup becomes invalid if price breaks and closes below 22,405 — that’s the stop-loss level.
Thanks for your time..
Trade closed: target reached
As anticipated, the market swept liquidity and moved sharply above recent highs, hitting the first two targets. I've closed my position here, though the structure still supports a further move toward the higher targets. Will be watching how price reacts from here.Thanks for your time..
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.