VARROC

- Liquidity Trap

Short-term buy-side trap risk is rising after the sharp vertical expansion. Price has moved rapidly into the ₹850–860 resistance zone, making fresh longs vulnerable to a reversal. Support sits around ₹820, followed by ₹780–790 and ₹740. A sustained move above ₹860 can extend the momentum, but failure to hold ₹820 would strengthen the short-term trap setup.