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OFSS - Technical Analysis with Chart Patterns & Indicators
Last Updated Time : 20 Dec 25, 03:55 pm
Back to Technical ListTechnical Rating: 3.4
| Stock Code | OFSS | Market Cap | 67,970 Cr. | Current Price | 7,811 ₹ | High / Low | 13,220 ₹ |
| Stock P/E | 20.2 | Book Value | 732 ₹ | Dividend Yield | 3.38 % | ROCE | 62.5 % |
| ROE | 48.8 % | Face Value | 5.00 ₹ | DMA 50 | 8,258 ₹ | DMA 200 | 8,699 ₹ |
| Chg in FII Hold | 0.11 % | Chg in DII Hold | -0.05 % | PAT Qtr | 463 Cr. | PAT Prev Qtr | 587 Cr. |
| RSI | 31.2 | MACD | -154 | Volume | 1,22,617 | Avg Vol 1Wk | 92,918 |
| Low price | 7,038 ₹ | High price | 13,220 ₹ | PEG Ratio | 0.89 | Debt to equity | 0.00 |
| 52w Index | 12.5 % | Qtr Profit Var | -6.94 % | EPS | 388 ₹ | Industry PE | 39.9 |
📊 Technical Analysis
- Chart Patterns: Stock is trading near support zone (7,038 ₹) with resistance around 8,258–8,699 ₹.
- Moving Averages: Current price (7,811 ₹) is below both 50 DMA (8,258 ₹) and 200 DMA (8,699 ₹), indicating bearish bias.
- RSI: At 31.2, the stock is approaching oversold territory, suggesting potential short-term bounce.
- MACD: Negative (-154), confirming weak momentum and bearish crossover.
- Bollinger Bands: Price is near lower band, signaling oversold condition and possible mean reversion.
- Volume Trends: Current volume (1,22,617) is higher than 1-week average (92,918), showing increased activity near support.
📈 Momentum & Signals
- Short-term Momentum: Weak, but oversold indicators suggest potential rebound.
- Entry Zone: 7,100–7,300 ₹ (near strong support).
- Exit Zone: 8,200–8,700 ₹ (resistance at DMA levels).
- Trend Status: Currently consolidating near support with bearish undertone.
✅ Positive
- Strong ROCE (62.5%) and ROE (48.8%).
- Debt-free balance sheet (Debt-to-equity: 0.00).
- Attractive dividend yield of 3.38%.
- PEG ratio of 0.89 indicates reasonable valuation compared to growth.
⚠️ Limitation
- Stock trading below both 50 DMA and 200 DMA.
- Quarterly profit declined (-6.94% variation).
- RSI and MACD show weak momentum.
📉 Company Negative News
- Recent quarterly PAT dropped from 587 Cr. to 463 Cr.
- Stock has corrected significantly from 52-week high of 13,220 ₹.
📈 Company Positive News
- Stable FII holdings (+0.11% change).
- Strong fundamentals with high EPS (388 ₹).
- Consistent dividend payouts.
🏭 Industry
- Industry PE is 39.9, much higher than OFSS’s PE of 20.2, suggesting undervaluation.
- Sector growth remains strong with digital transformation and IT services demand.
📝 Conclusion
- OFSS is fundamentally strong but technically weak in the short term.
- Oversold indicators (RSI, Bollinger Bands) hint at possible rebound from support.
- Best strategy: Accumulate near 7,100–7,300 ₹ and book profits around 8,200–8,700 ₹.
- Overall trend: Consolidation with bearish bias, awaiting reversal signals.
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