How can we judge......that if share 'xyz' is trading at 100 is undervalued/overvalued.What is the process used to evaluate the current market price of a stock by trade analyst. This will help me in entering at best possible price into the stock for for tenure(1+ year).
Few days back reliance industries was trading at 2100+ level and one of trade analyst pointed out that currently it is overvalued stock at this price and it will come down to 1800 levels soon.
Few days back reliance industries was trading at 2100+ level and one of trade analyst pointed out that currently it is overvalued stock at this price and it will come down to 1800 levels soon.