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If the CMP is lower, and if the company is managed well, then the stock has potential.
If the CMP is eaqual or higher, then the stock is fully priced and can only move up based on insider information or news.
This formula is a variation of the one suggested by Mahesh Kaushik and a few other analysts

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SUNIL VISHANDAS TINANI - BSE CASH- AP-0131030180574 - NSE CASH- AP1990006941 -NSE FO- AP1990006941 - NSE CURRENCY- AP1990006941 - MCX- MCX/AP/120311