Orchid Chem is in uptrend: Brics Securities

In a chat with ET Now, Abhijit Paul, Technical Analyst, Institutional Research, Brics Securities, shares his stock picks for the day.

What are your stock ideas and recommendations?

Within the fertilise space, I like Chambal Fertiliser. It seems this stock and this sector is going to bounce back from hereon. Within the large cap, we should follow the strength, and Maruti is my pick for a short term target of at least Rs 1500-1520. The other pick is Orchid Chem, which showed pretty good strength in yesterday's trade and it is in an uptrend of all timeframes. So sooner or later, I expect this stuff to continue to trend further up from hereon.