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Nava gave a breakout today from a range in which it was trading from last few months. Stock gave a breakout above 539. Stock on shorter timeframe 15 min looks like this... Marked the previous highs at 544 and 539, while AVWAP from recent low of 455 is around 556 which provides retracement buying opportunities which i will be looking forward to. Disclaimer - No open position.

KNR Construction - Weekly TF chart showing that stock has now made a new ATH after 2021, a big consolidation has happened in the stock in last couple of years. Shorter timeframe charts - Move from the recent lows of 240 has been very swift with CMP at 324 and its 20 DMA at 268 :) Adding AVWAP to the current move and that comes around 300, which also is around the previous yearly highs of 305, making that zone as a retest of breakout zone for the stock. In short 300-305 is the zone to watchout for this stock going ahead because that's retest of breakout + AVWAP reference from recent low. Read about MarketMind Academy on this link ​ https://www.indianstockss.com/marketmindacademy Here we are focused on discussion around stocks which gave a decent move post earnings and finding low risk entries there and much more.

Johnson Controls has given a strong breakout post recent earnings from prev yearly highs above 1393. Stock closed up 20% UC post earnings and above the resistance of 1393. Stock is now trading near to 1759, stock has given a move of about 49% after results. After a big up move usually stock gives a cool off / goes sideways to its AVWAP of this move / pullback lows or the 20 DMA support levels. AVWAP since earning day is around 1639 & its 20 DMA is around 1315 for now. Retest of breakout is around level of 1393. Let's refer this below chart for the above data points. Read about MarketMind Academy on this link ​ https://www.indianstockss.com/marketmindacademy Here we are focused on discussion around stocks which gave a decent move post earnings and finding low risk entries there and much more.