InfinityCapital

Buy Navin Flourine @ 1560

Long
NSE:NAVINFLUOR   NAVIN FLUORINE INT
I took a pilot position at 1560 and I will be looking to add at current levels or closer

Technical: stock quickly recovered from recent COVID-19 crash lows. It held 2019 lows and surged higher very quickly to make new highs. up days are on relatively higher volume as compared to down days. down days are on very low volume, which signals that the selling may be dissipating. This is a good setup.

Fundamental:
This stock shows great sales and profit growth.

5 years of sales growth - 15%
5 years of profit growth - 21%

Margins are stable since past 4 years upwards of 20%
The company has zero Debt

TTM earnings up 14%

Trade active:
Stellar March 2020 Earnings. TTM up 174%. i will be adding more at the current level, although the stock might open gap up today.
Trade active:
added 2x at 1550
Trade active:
added more at 1680. This stock is trying to break out, the volumes are pretty good until midday. let's see how it closes

Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
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