Navin Fluorine holds Rs 8,000 support inside range

Navin Fluorine closed at Rs 8,561 on 12 October 2026, still inside its Rs 8,000 to Rs 8,950 range, with a positive bias only above Rs 8,683. Navin Fluorine International Limited [

] closed on 12 October 2026 at Rs 8,561, up 2.5 percent. The stock has traded mostly between Rs 8,100 and Rs 8,775 for about two months, after a gap up on its Q1 FY27 results. The company is a key Indian fluorochemicals player. Q1 profit rose 108 percent to Rs 243.31 crore and revenue rose 44 percent to Rs 1,045 crore, which led the gap up. On the daily chart, price has held between support near Rs 8,000 and resistance at Rs 8,950, and volume has stayed low since the gap day. Today’s close is above the middle of the range, and RSI is near 55, a neutral reading. What next: a close above Rs 8,683 may give a positive bias, and a close above Rs 8,950 may confirm a breakout from the range. A close below Rs 8,000 may turn the view weak. Conclusion: the stock is in a sideways range, with a mild positive bias only above Rs 8,683, and a clear move out of the range will decide the next major trend. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.