⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
FSL - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.3
| Stock Code | FSL | Market Cap | 21,564 Cr. | Current Price | 305 ₹ | High / Low | 404 ₹ |
| Stock P/E | 50.4 | Book Value | 37.2 ₹ | Dividend Yield | 1.30 % | ROCE | 16.9 % |
| ROE | 15.3 % | Face Value | 10.0 ₹ | DMA 50 | 332 ₹ | DMA 200 | 341 ₹ |
| Chg in FII Hold | -0.05 % | Chg in DII Hold | 0.56 % | PAT Qtr | 98.0 Cr. | PAT Prev Qtr | 135 Cr. |
| RSI | 38.6 | MACD | -6.38 | Volume | 3,57,409 | Avg Vol 1Wk | 3,74,921 |
| Low price | 270 ₹ | High price | 404 ₹ | PEG Ratio | -129 | Debt to equity | 0.32 |
| 52w Index | 26.2 % | Qtr Profit Var | 6.74 % | EPS | 6.70 ₹ | Industry PE | 33.2 |
📈 Technical Analysis
- Chart Patterns: Stock corrected from 404 ₹ highs and is consolidating near 305 ₹, showing weakness but holding above 270 ₹ support.
- Moving Averages: Current price (305 ₹) is below both 50 DMA (332 ₹) and 200 DMA (341 ₹), confirming short-term bearishness.
- RSI: At 38.6, the stock is close to oversold territory, suggesting potential for a rebound.
- MACD: Negative (-6.38), indicating bearish momentum persists.
- Bollinger Bands: Price is near the lower band, signaling oversold conditions but risk of breakdown.
- Volume Trends: Current volume (3,57,409) is slightly below 1-week average (3,74,921), showing moderate participation.
📊 Momentum & Signals
- Short-Term Momentum: Weak, but oversold RSI could trigger a bounce.
- Support Zones: 300 ₹ (near-term), 270 ₹ (major support).
- Resistance Zones: 332 ₹ (50 DMA), 341 ₹ (200 DMA), 360 ₹ (trendline resistance).
- Entry Zone: 300–310 ₹ if RSI stabilizes.
- Exit Zone: 332–341 ₹ on rebound; strict stop-loss below 300 ₹.
- Trend Status: Stock is consolidating after correction, awaiting breakout direction.
✅ Positive
- Strong ROCE (16.9 %) and ROE (15.3 %) highlight efficient capital use.
- Dividend yield at 1.30 % provides income support.
- EPS at 6.70 ₹ supports earnings visibility.
- DII holdings increased (+0.56 %), showing domestic institutional support.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA indicates weak technical strength.
- High P/E (50.4) compared to industry PE (33.2) suggests premium valuation.
- PEG ratio (-129) indicates valuation concerns relative to growth.
- Current price far below 52-week high (404 ₹), showing significant correction.
📉 Company Negative News
- Quarterly PAT declined (98 Cr. vs 135 Cr.), showing earnings pressure.
- FII holdings decreased (-0.05 %), showing reduced foreign investor confidence.
📈 Company Positive News
- DII holdings increased (+0.56 %), showing strong domestic institutional support.
- Quarterly profit variance (+6.74 %) highlights year-on-year improvement despite sequential decline.
🏭 Industry
- Industry PE at 33.2 is lower than company PE (50.4), suggesting FSL trades at a premium.
- IT services and outsourcing sector outlook remains positive with global demand growth.
🔎 Conclusion
- FSL is in a consolidation phase after correction, with oversold RSI and weak MACD.
- Short-term traders may consider entry near 300–310 ₹ with exit around 332–341 ₹.
- Long-term investors should be cautious due to premium valuations and declining profits, despite strong ROCE/ROE and sector growth potential.