💎 Breakout on a Premium Consumption Stock! Gillette India Ready for Next Leg Up?

After a healthy retest and trendline respect, Gillette India is breaking out from a multi-month resistance—indicating the start of a fresh uptrend. 📊 Technical Breakdown ✅ Breakout Zone: ₹10,600–₹10,800 ✅ Strong bounce from rising trendline + 200 EMA zone ✅ Formed a rounded base between Feb–May 2025, now breaking out with a strong bullish candle ✅ AVWAP (anchored from prior swing low) acting as solid dynamic support 📈 Wave Structure Insight (Elliott) Likely start of Wave 3 post completion of Wave 2 correction If this breakout sustains, Wave 3 projection points to levels around ₹13,500+ 📘 Fundamental Strength 🧼 Monopoly in premium razor/blade segment with >60% market share 📈 Stable EPS growth, high brand loyalty, and strong parentage (P&G) 💡 High ROCE (>25%) and almost debt-free balance sheet 🏷️ Strong cash flows and dividend-paying history 📌 Action Levels Entry on retest: ₹10,600–₹10,800 Target: ₹13,500+ Stop-loss: ₹9,600 (below trendline & AVWAP)