one is orchid chemicals, just got one US FDA approval yesterday and it went up by 26%.
Aurobindo got so many approvals till now and not even moving up from 700 levels :) i think its major resistance here. Still once cross, it would not stop before 800 to 850
Wish you happy dasera too.... right now, planning for muhurat sells,i mean trimming demat accounts by exiting from many stocks from portfolio.... wish you good luck in market during this festival season....
seeing strong eps and result of last quarter, coming 2 quarters (oct-dec and jan-mar) are always good for pharma, so no surprises, if it cross 1000 also in the near term. What is your view marketman? Will dollar weakening will impact this?
gud that sustaining above 800 continuously, can make gud support.....and might touch 900 too. Delivery percentage got reduced to around 40%.
So slowly should move up....
Short to medium term Investors can take profit in this counter beyond 900.... there is no room for much appreciation beyond 900 if the rupee strengthens to 40 in the next calender year....
| NIFTY 
