As per the Revenue Grid indicator, SBI is trading exactly at it's Revenue per share value. That means current price of 1 share is same as that of the revenue it is generating per share. Historically it has traded around this valuation. But given the steady growth of SBI over the years, This is a good price to buy for long term. Happy Trading :)
Note
These Ideas are supposed to be for long term. That is why they do not have a Stop loss or Target prices. This is related to discovering fair price of the stock.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.