Orchid ChemAfter the news of selling the one unit the stock was hammered from high of 234 to the low of 179.50.As the fundamentals remain intact for the future of this company,we advice to buy this stock at above 191 with immediate target of 197.80.After that if closes above 202 then you can see 218 in short period.
This stock is not for trading. Keep a stop loss of 175.
Target Achieved
Sunday, January 10, 2010
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