🚀 Gravita India: Fibonacci Harmony + Trendline Bounce = Rally Ahead?

📈 Fibonacci Magic: Stock completed a 100% Fibonacci projection (₹1863 zone) and is now taking support around key retracement zones. Recently bounced from the trendline + 200 EMA area near ₹1490 — classic confluence of supports! 📉 Trendline Support Holding Strong: The orange ascending trendline from previous swing lows has been respected again, indicating smart money accumulation. 🟦 Fib Targets Ahead: Immediate resistance: ₹1863 (1.0 level) Medium-term target: ₹2562 (1.618 Fib level) Long-term bullish projection: ₹2700+ 🔍 Fundamental Snapshot: Strong ROCE and ROE consistently above 20% Growing presence in the recycling and sustainability sector Expanding export footprint with operational leverage kicking in 📌 Trade Setup Insight: Buy Zone: ₹1825–₹1855 Target 1: ₹2100 | Target 2: ₹2560 Stoploss: Below ₹1720 (break of trendline + EMA)