Exit Orchid Chemicals, says Kunal Saraogi

Kunal Saraogi, CEO at Equityrush told CNBC-TV18, "I think today’s rally is a good opportunity to exit out of Orchid Chemicals and Pharmaceuticals and move to something like a Tata Chemicals, which has got a more robust chart structure and I think if you invest in that stock, you are more likely to make more money plus your investment is likely to be safer. Orchid I would recommend that you use the rally that we are seeing right now to exit the stock."

The share touched its 52-week high Rs 85.35 and 52-week low Rs 42.20 on 15 July, 2014 and 03 September, 2013, respectively.