KDDL is potentially completing a Wave 2 correction, with price now consolidating above AVWAP + 200-week EMA. This combo has historically triggered strong rallies. 🔁 Fibonacci Retracement Signals ✅ Wave 2 retraced close to the 0.618 Fibonacci level, suggesting a classic correction. ✅ Price bounced from ₹2,050 zone and now trades near ₹2,850 — building energy for a Wave 3 breakout. 📊 AVWAP + Long-Term Support Zone 📍 Anchored VWAP from prior breakout continues to act as smart money accumulation zone. 📈 The 200W EMA acted as a firm support during the February-March dip — a positive long-term signal. 📌 Why KDDL is Fundamentally Convincing 🕰️ Leading manufacturer of watch components & dials, supplier to luxury brands. 💼 Diversification into precision engineering and global partnerships. 💰 Strong ROCE, consistent revenue growth, and improving operating leverage. 🌐 Increasing exports + margin improvement in subsidiaries. 💬 If Wave 3 plays out, long-term Fibonacci projections suggest ₹4,900+ targets are within reach over the coming months.

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