As per technical charts, ORCHID CHEMICAL and PHARMACEUTICALS can be purchased at current market price with stop loss of Rs 260 for the target of Rs 268-274. This is a day trading recommendation.

BOC India has announced that company’s board will allot 3.62 crore shares at Rs 165 per share to promoter Linde AG on a preferential basis.

As per view of technical analyst Ashwani Gujral, Sterlite Optical can be bought with strict stop loss of Rs 320 for the target of Rs 410. This is a short term delivery based call.