Nifty Classic Bull Trap!Nifty 50 IndexNSE:NIFTYrahul25yesterday, we found the demand zone between 23400-23260 and Nifty opened with a significant gap down near the crucial Daily Demand Zone of 23,260 now supporting here, loot at here how big player trap retailers: The recent big green candle looks highly bullish to retail traders, tempting them to buy the reversal off the support. However, classic trap—the volume on this large up-candle is noticeably low compared to the previous candle. This low-volume bounce is just short-covering and a manufactured illusion to lure retail buyers into FOMO before the next leg down.