Smart Money Concepts (SMC) is a modern technical trading methodology based on the premise that large institutional participants — banks, hedge funds, and central banks — leave identifiable footprints in price action that retail traders can learn to read and follow. SMC focuses on key concepts such as Order Blocks (zones where institutions placed large orders), Fair Value Gaps (price inefficiencies left by impulsive institutional moves), liquidity grabs (deliberate sweeps of stop-loss clusters), Break of Structure, and Change of Character. Rather than using traditional indicators, SMC traders read raw price action and volume to infer institutional intent. The framework has gained significant popularity among active retail traders in India, particularly in Nifty, Bank Nifty, and mid-cap equity trading.