Dear venkat,
Let me explain my method to give the buy call to any script.
i search the script from only growing sector.
First of all i see the recomendation from papper(moneytime, ofcourse economy,business standard, DNA money) and various resourses on net like moneycontrol different google group. then i start finding the research report on those script. Once i got the research report then i deeply study the report if i find it good recomendation then i start tracking it for few days and as soon as i found that script is going to give break out i give the recommendation over here. (Note. From those recomendation i and my friends also bought some script if not all.). If i won't find the research report then i use to see the result of last few year from bseindia. then i see the EPS, PE,sales growth,
EV/Sales , EV/Book Value , PBT, Debt/Equity , total debt, cash ,reserve, then i also use to see the share holding patterns. i also see the how many mutual fund are holding the same stock and what percentage they hold.
To search for my own script not other recomendation i use to see the bulk deal. bse announcement, news from papper(moneytime, ofcourse economy,business standard, DNA money) and various resourses on net like moneycontrol different google group.
Once i found the good script then also i don't give the call or i don't buy it without tracking it. i use to track it usually a week before buying for that i use to see the volume, delivery, chart even though i am week in technical. but according to 123 pattern, elliote wave pattern and volume i decide wether there is breakout in the stock or not. but i still weak in chart reading. I don't know the candelstick, fibonacci number etc.
One more thing i find it very difficult to calculate the targate of script so please if anybody knows it share it here.
so please share ur method for the knowlege. Also if u know the method to calculate the targate please explain it.
Ahmed