ORCHPHARMAORCHPHARMA:- Cup and handle pattern has formed, breakout not given, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, lik
Key stats
Market capitalization
15.963BINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
—
Basic EPS (TTM)
−3.90INR
About ORCHID PHARMA LTD
ISIN
INE191A01027
Sector
Health Technology
Industry
Pharmaceuticals: Major
Website
orchidpharma.com
CEO
Manish Dhanuka
Headquarters
Chennai
Employees
946
Founded
1992
Orchid Pharma Ltd. engages in the development, manufacture, and marketing of diverse bulk actives, formulations, and nutraceuticals. Its products include cardiovascular, anti-diabetic, neuropsychiatry, nutritional supplements, cephalosporins-orals, cephalosporins-injectibles, veterinary products, and non-antibiotics. The company was founded by Kailasam Raghavendra Rao on July 1, 1992 and is headquartered in Chennai, India.
SWING TRADE - ORCHID PHARMA - R:R @ 1:3Potential Opportunity as Swing Trade in NSE:ORCHPHARMA and also predicting positive for long term investment.
Technical Analysis Based on Support Line & Fibonacci Retracement
SWING TRADE - RISK TO REWARD - 1:3
ENTRY - 366.50
TARGET - 400.50
STOP LOSS - 356.50
This is for Educational Purpose
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Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0