Buy - Orchid Chem, The stock is showing positive bias for the short term. HDFC Sec

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 The stock is showing positive bias for the short term.
 Price has been forming a contracting triangle; the last leg of
the CT has ended at 70 levels which is “wave e”.
 Major sideways corrective leg has ended and price is on the
verge of breaking out.
 The present rise from 42 levels is an impulse formation, in
which four legs have been completed and one more rising leg
is pending to complete the bullish phase. Now rise has started
towards 138.2% projection level of last two major legs i.e.
placed at 95 levels. In between another resistance of recent
swing top is placed at 85 levels.
 Traders could buy the stock between CMP to 71 with the
stoploss of 69 on closing basis for the targets of 85 - 95.

LINK
http://www.hdfcsec.com/Share-Market-Research/Research-Details/StockReports/3010136