Should we be scared to Buy JKH - deserves 10% in the Short Term

JKH, all knows is the biggest Conglomerate in the Country. Many have now been talking negatively about it just like how they talked about the Market. Now the Market has rallied. The pundits have missed the Bus. WAIT AND SEE FOR THE SAME TO HAPPEN WITH JKH TOO.
The Market sentiment is improving to be Bullish, this will certainly stream over to JKH in the Short Term.
Weekly chart that I've given above shows that the MACD has cut the signal line for the 1st time since 4th of January 2016.
Weekly RSI is around 37, and it was in the 30's since the 1st Week of FEB 2015. This is certainly due to the bearish sentiments the counter had for such a long time. If you take the 3 quarters since June'15 EPS has been 1.91, 3.01 and 3.26, which in effect may not be the best, but this counter is famous for trading at higher multiples compared to the present numbers. There are many reasons and theories given for the prices to have got battered for such a long time, but this can not be the case always. Therefore with due respect to the negative sentiments/theories that are visible for the stock, no one could expect it to rally with the backing of fundamentals. This is why this counter should be looked at from a short term point of view.

My call on this is to Buy between 150 to 153.50
to Sell at 172.90 for a 10% return. And at 165.10 for a 5% return.
But strictly follow a stop loss at 146.00 and take a 5% hit if the trend goes against it.
I must also say that 146.00 is a good price for the long term collector of the stock.
TRADITIONALLY THEY GIVE THEIR FINAL DIVIDEND IN MAY.