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CA Omkar Bhutada - SEBI Reg IA

3rd Jul 2025 Β· SEBI-Registered Analyst

πŸš€ AFFLE INDIA: Wave 3 Launching? Fibonacci & Price Structure Align for Big Move! πŸ“ˆ

AFFLE
After a textbook Elliott Wave 2 correction, AFFLE India (NSE: AFFLE) appears ready to enter Wave 3, historically the most explosive phase in Elliott theory. πŸ”Ή Price broke above key resistance near β‚Ή1886, now holding above the 0.618 retracement zone πŸ”Ή Fibonacci targets show potential Wave 3 extension to β‚Ή2,875+ (1.618 Fib) πŸ”Ή Monthly close near β‚Ή2000+ confirms strength and investor conviction πŸ“Š Technical Outlook: βœ… Higher lows since March 2025 βœ… Strong bullish candle this month βœ… Wave structure: 1-2 completed, 3 starting πŸš€ βœ… Next resistance around β‚Ή2,253 and β‚Ή2,875 πŸ’‘ If Wave 3 plays out as expected, we could see a 40%+ rally in the medium term. Digital advertising + AI trends continue to support fundamental tailwinds.

#FundamentalViews#TechnicalViews#WatchOutFor#HiddenGems#EquityResearch
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