🚀 Wave 5 Rally Loading? Gabriel India ka Chart Dhamaka!

📊 Technical View Clear Elliott Wave structure with Wave (3) top and recent Wave (4) bottom formation Price bouncing sharply from long-term trendline + 200-week EMA (~₹418) Wave (5) rally likely in play with strong green candle up 14.6% this week 📍 Support Zones Wave (4) base at ₹420–440 acts as a strong demand zone Break above ₹700 will confirm new bullish momentum zone 💹 No MACD here, but price action and structure give high conviction for trend-followers & wave traders 📈 Fundamental Strength Strong play in auto components (suspension systems) – critical to EV and commercial vehicle trends Stable fundamentals with decent ROCE, debt control, and long-term revenue visibility Increasing order book from OEMs and export tailwinds make this a steady compounder 🔔 Conclusion: Gabriel India looks like it has completed a classic Wave 4 correction. If Wave 5 unfolds as expected, this could be a multi-month rally with targets above ₹800.