Exit Orchid Chemicals; buy SBI: Sukhani

Sudarshan Sukhani, s2analytics.com advises to exit from Orchid Chemicals and one can buy SBI.
 
Sukhani told CNBC-TV18, "The suggestion to investor should be to exit from Orchid Chemicals. There is no purpose in finding out what will happen. One should not withdraw money from the market. Let him put that money back into the banks. Whenever the bull market starts next year, the year after, the banks will outperform. Very simple way is to buy State Bank of India (SBI).”
 
Orchid Chemicals touched its 52-week high Rs 193.70 and 52-week low Rs 53 on 20 April, 2012 and 05 March, 2013, respectively. Currently, it is trading 66.78 percent below its 52-week high and 21.42 percent above its 52-week low. Market capitalisation stands at Rs 453.36 crore.