Navin Fluorine: Uptrend Pauses Near the Recent High

Navin Fluorine closed at ₹8,590 on the updated weekly chart, gaining 0.54%. The broader structure remains strongly bullish, with price continuing to form higher highs and higher lows after breaking out of the long consolidation that lasted through 2023 and 2024. The recent candle shows some volatility, with the week ranging between ₹8,100 and ₹8,682.5. Despite that intraperiod weakness, the stock recovered to close near ₹8,590 and remains above the anchored VWAP near ₹8,391. This keeps the larger trend constructive. The immediate resistance is around ₹8,800–₹9,000, where the stock has recently faced selling pressure. A sustained move above ₹9,000 could open the way towards ₹9,500 and ₹10,000. On the downside, ₹8,391 is the first support, followed by the recent weekly low near ₹8,100. The chart remains bullish, but after such a steep advance, fresh buying is better confirmed through a clean breakout above ₹9,000 or a controlled pullback that holds above the ₹8,391 VWAP area.