a technical expert trader can do trade at any level in any scrip..
but for long term player one shuld give preference to the good stock which coming out at there lower range cycle after consolidtaion.
than give second prefrence to good stock making breakout at ATH ..with risk i both one shuld know influecing people make a dip to buy at lower level to get high return .so u r forced to average or wait with low return.