Technical view by Nooresh

Orchid Chemicals

If u guys remember some days back had written about good buying in pharma counters happening and to continue people can see the effect in the gains by ranbaxy , nicholas, wock , etc...
Orchid chemicals is best placed on the charts for a breakout above 270 region if sustains expect explosion ...So its ur wish where u want to buy at 245-260 with stop at 238 ...
Or get into the exlosion at 270+ ....targets could be 300-340++...My favourite if breaks out ...
Best Regards,
Nooresh 9819225396 ( add on yahoo for online updates and info )

Article by Nooresh Merani

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