u say Orchid but this is what the news recently says...
Orchid withers 12.5%
Orchid Chemicals plunged 12.5%, or Rs 40, to Rs 279 on BSE on Thursday. The companys stock had hit a 52-week high of Rs 343 during the day on speculation that Ranbaxy was making an open offer for Orchid on Thursday. But with no such move forthcoming, there was disappointment in the market and the stock fell sharply to Rs 279.
Do you think its gone to shore up higher
or we might see some down for sometime, before the stock regains