Godrej Consumer Products: Wave (4) Double Combo Testing Support

Wave (4) seems to have evolved as a double combination (W–X–Y), with prices now testing the W–Y trendline support near the 0.618 retracement (~₹1,096).
The structure has been slow and overlapping — typical of a Wave (4) correction.
RSI too rests at channel support, hinting at momentum exhaustion.
A steady hold above this zone could pave the way for Wave (5), but confirmation is still pending.
Invalidation remains below ₹979.50.

Strategy:
Watch price behavior near the current support zone. Patience here pays more than prediction.

Disclaimer:
This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) before making any trading decisions.