JKH.N.0000 - Interesting developments in the Price line

As can be seen the Trend is still Bearish for JKH with more lower highs and lower lows. However it is trying heavily to be above the 100sma, and stay above it for a longer rally. But it is not so just yet. The prices must be above 20,40, and 100 sma lines to really say JKH is on a roll. Presently it could check 145.70 down to 143 levels before hitting up to test 155.50 again. If it happens with big volumes then it can move towards 158.80, thereafter things will be really great to watch. But as for now let it slide down till a higher close is seen.