What did i say, if its not able to go past 235-237 when it was 233 JKH will slide down.
This was on the basis Symetrical Triangle Pattern.And we were the 1st to display on a chart the down fall of JKH before it happen.
Try and understand stocks does not move on fundamentals alone, if you think it does, then why do we have most shares under NAVs.
Also understand there is nothing called under valued stocks, its worth gets adjusted every time in the eyes of investor and a trader. although for the sake saying we define certain shares undervalued based on its value per share.This what happens when you base your decision purely on fundamentals.Lack of technical knowledge some time could be at a disadvantage as to best price to enter.There is no point accusing or getting angry with the market as we have to believe Market is Always Right.This is the Mantra one should bear in mind.
So my suggestion would be to wait till the correction is complete then you can wait for the next signal to appear, as there could be further traps.