Navin Fluorine International Limited

NSE :NAVINFLUOR   BSE :532504  Sector : Chemicals

About Company: Navin Fluorine International is one of the largest integrated fluorochemicals complex in India. The Company primarily focuses on fluorine chemistry – producing refrigeration gases, inorganic fluorides, specialty organofluorines and offers Contract Research and Manufacturing Services

Daily Chart of NAVINFLUOR:

Technical Outlook Of Navin Fluorine International Limited:

Stock today on Monday 27th Dec 2021 gained 6.27% and closed at 4243.95 on NSE. A clean breakout can be seen in the stock with huge volumes. Indicators also support the momentum in the stock. Today stock hits all time highs and is a clear out performer in the market. As Nifty and Mid Cap indices have witnessed a good amount of correction from their all time highs but not yet approached the highs again yet. But Navin Fluorine stock is a clear out performer with all the technical parameters supporting the stock, Hence we recommend traders to buy stock every correction till stock is trading above 3800 level. We expect the stock to be a multi-bagger stock and can double in the next. If stock sustains below 3800, We need to review the technical structure of the stock.