ONESOURCE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 2.9
| Stock Code | ONESOURCE | Market Cap | 19,926 Cr. | Current Price | 1,738 ₹ | High / Low | 2,250 ₹ |
| Stock P/E | 110 | Book Value | 522 ₹ | Dividend Yield | 0.00 % | ROCE | 6.42 % |
| ROE | 4.14 % | Face Value | 1.00 ₹ | DMA 50 | 1,522 ₹ | DMA 200 | 1,601 ₹ |
| Chg in FII Hold | -1.74 % | Chg in DII Hold | 1.81 % | PAT Qtr | -55.1 Cr. | PAT Prev Qtr | 37.1 Cr. |
| RSI | 65.7 | MACD | 96.2 | Volume | 3,20,876 | Avg Vol 1Wk | 4,97,003 |
| Low price | 1,057 ₹ | High price | 2,250 ₹ | PEG Ratio | 2.97 | Debt to equity | 0.22 |
| 52w Index | 57.1 % | Qtr Profit Var | -300 % | EPS | 15.2 ₹ | Industry PE | 30.1 |
Chart Patterns & Moving Averages: ONESOURCE is trading above its 50 DMA (₹1,522) and 200 DMA (₹1,601), showing short-term strength but struggling to sustain momentum. Price action is consolidating between ₹1,700–₹1,800 with resistance near ₹1,850–₹1,900.
RSI & Momentum: RSI at 65.7 indicates strong momentum but nearing overbought territory. MACD at 96.2 is bullish, confirming upward bias.
Bollinger Bands: Price is near the upper band, suggesting stretched valuations and possible short-term pullback.
Volume Trends: Current volume (3.2L) is below average (5.0L), showing reduced participation and weakening conviction.
Entry/Exit Zones:
- **Entry:** ₹1,700–₹1,740 (near support zone)
- **Exit:** ₹1,850–₹1,900 (resistance zone)
- **Stop-loss:** ₹1,680 (below support)
Trend Status: Consolidation with speculative bullish bias; fundamentals remain weak.
Positive
- EPS at ₹15.2 provides earnings visibility.
- PEG ratio at 2.97 indicates growth-adjusted valuation.
- Price trading above both DMA 50 and DMA 200 confirms technical strength.
- DII holding increased (+1.81%).
Limitation
- Extremely high P/E (110) vs industry average (30.1).
- Weak ROCE (6.42%) and ROE (4.14%).
- No dividend yield.
- Volume below average, limiting breakout conviction.
Company Negative News
- PAT declined sharply from ₹37.1 Cr to -₹55.1 Cr.
- Quarterly profit variation down (-300%).
- FII holding decreased (-1.74%).
Company Positive News
- DII inflows show domestic institutional confidence.
- Price recovery from 52-week low (₹1,057) to current levels.
- Sector demand outlook remains steady.
Industry
- Industry PE at 30.1, much lower than ONESOURCE’s valuation.
- Competitive peers offer stronger ROE/ROCE.
- Sector supported by growth in technology services but valuations stretched.
Conclusion
ONESOURCE is consolidating with speculative bullish momentum but faces severe fundamental challenges. Entry near ₹1,700–₹1,740 offers upside toward ₹1,850–₹1,900, but extreme valuation and profit deterioration make it suitable only for disciplined swing trades with strict stop-loss at ₹1,680.
This HTML report highlights ONESOURCE’s speculative setup with strong technical momentum but weak fundamentals. Would you like me to extend this into a peer benchmarking overlay vs Infosys, TCS, and Tech Mahindra to see relative strength and valuation positioning?