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Orchid Chemicals can touch Rs 320-325
Published on Thu, Apr 12, 2007 at 10:54   |  Updated at Thu, Apr 12, 2007 at 14:59  |  Source : Moneycontrol.com

Technical Analyst, Ashwani Gujral is of the view that Orchid Chemicals and Pharmaceuticals can touch Rs 320-325.

Gujral told CNBC-TV18, "I do follow Nicholas and Orchid and both of them are consistently showing strength. Orchid Chem could be headed towards Rs 320-325. Nicholas above Rs 250, Rs 300 is possible. Glenmark continues to look the best of the lot and it has maintained very close to all time highs, it is poised for Rs 750. So lot of these sectors which have consolidated haven’t moved past 6-8 months are now beginning to show more momentum."


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