Orchid Chemical might be showing a rationalized pause, but it has already consolidated and no more room for any corrections are likely to be seen in this counter. All fundamentals are looking impressive, though there may not be an excellent Q3 result, but it will not be disappointed either, that is for sure. But beleive me the Q4 result will be just beyoung expectation and that is the time it will surely shoot up to 300 plus level. For now anyday it may shoot up to 200+ level, I can bet before Diwali. Once it crosses 200 level, it will take merely a couple of days to go to it`s next level 250 and 300 and even more. Stay invested and be cheerful. Wish you all a happy and prosperous Diwali with this success. Buy Orchid Chemical with a positive fundamental analysis.
my dear guest. Im telling you my personal opinion on orchid chemicals.
This share will fall down as a already exhausted Dewali rocket to earth. Because Even the News is true, the hike has already reached . It will not go to 200 or 300. It will fall to 100 or 52 week lows. But may be after 8 or 9 months it may rise to just 200. somebody has compared it with infosys..i pity them.
Be carefull this is fake share for now.
Dear Alpha,
Diwali has gone. Orchid is showing weakness. Is it consolidating ar the downtrend has begun.
Pl. let me know the results of your study and whether it would be advisable to exit now or HOLD.
Rgds. Major
Due to weak market trends Orchid is consolidating at this level. if it breaks out of 185 on a positive market you will see it cross 200. Its Advisable to HOLD
I do not know whether it is weak market or weak Orchid. Many shares have gone up in the so called weak market. I think market is awaiting its Q2 results.
Dear Alpha,
Now that the whole market has tanked, What say you!!
How much downside do you expect? Will it be better to exit now with losse or wait for a total bloodshed.
Your opinion will be highly appreciated.
Regards
Major
I do not feel it is better to average in a falling market like this. The weakest stocks like ours will effect more. Telecom or others; all are falling.
| NIFTY 
