Orchid Chemicals can touch Rs 320-325

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Orchid Chemicals can touch Rs 320-325

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

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about Glenmark See messages about Glenmark Glenmark BSE | NSE 28/05/12 Are Mutual Funds betting on Glenmark? Other Stocks in this news Piramal Healthcare | Orchid Chemicals and Pharmaceuticals |

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."