🚀 Multi-Signal Confirmation on Fundamentally Strong Stock – AFFLE (India) Ltd

📉 Elliott Wave Structure The impulsive rally from ₹1,235 to ₹2,243 marked Wave 1. The recent correction retraced sharply to 0.618 Fib level (~₹1,473) and bounced from key trendline support — classic Wave 2 behavior. Price is now rising in what appears to be the start of Wave 3, targeting levels beyond ₹2,243. 🌀 AVWAP Confirmation The stock respected AVWAP from the previous impulse near ₹1,560–1,600. AVWAP is now acting as a dynamic support, with price reclaiming this level — a bullish continuation signal. 📊 MACD Divergence Weekly MACD shows a positive crossover near the recent low, forming a bullish divergence against price — indicating strong upside potential and exhaustion of sellers. 💹 Fundamental Strength AFFLE has consistently maintained high ROCE and ROE, supported by scalable ad-tech business operations. Solid revenue growth, clean balance sheet, and rising profitability post-correction phase. Digital ad-spend boom across India and SE Asia provides long-term tailwinds. 🔍 Key Levels Support Zone: ₹1,560–1,600 (AVWAP + structure) Wave 3 Target Zones: ₹1,858 (0.618 Fib), ₹2,027 (0.786 Fib), and ₹2,243+ (Wave 1 High)