ONESOURCE - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.9
| Stock Code | ONESOURCE | Market Cap | 16,877 Cr. | Current Price | 1,472 ₹ | High / Low | 2,250 ₹ |
| Stock P/E | 92.9 | Book Value | 522 ₹ | Dividend Yield | 0.00 % | ROCE | 6.42 % |
| ROE | 4.14 % | Face Value | 1.00 ₹ | DMA 50 | 1,433 ₹ | DMA 200 | 1,621 ₹ |
| Chg in FII Hold | -0.15 % | Chg in DII Hold | 0.32 % | PAT Qtr | -55.1 Cr. | PAT Prev Qtr | 37.1 Cr. |
| RSI | 58.7 | MACD | 40.0 | Volume | 3,92,897 | Avg Vol 1Wk | 2,29,384 |
| Low price | 1,057 ₹ | High price | 2,250 ₹ | PEG Ratio | 2.51 | Debt to equity | 0.22 |
| 52w Index | 34.8 % | Qtr Profit Var | -300 % | EPS | 15.2 ₹ | Industry PE | 27.6 |
📊 Chart & Trend Analysis: ONESOURCE is trading at ₹1,472, slightly above its 50 DMA (₹1,433) but below its 200 DMA (₹1,621), showing short-term strength but medium-term weakness. RSI at 58.7 indicates mild overbought conditions. MACD at 40.0 reflects bullish momentum. Bollinger Bands suggest price is stabilizing near mid-range, with support around ₹1,430 and resistance near ₹1,600–₹1,700.
📈 Momentum & Volume: Current volume (3,92,897) is higher than the 1-week average (2,29,384), showing strong participation. Momentum signals are mixed—MACD bullish but RSI nearing overbought, suggesting caution.
🔑 Entry & Exit Zones:
- Optimal Entry: ₹1,430–₹1,460 (near support)
- Resistance Levels: ₹1,600 (short-term), ₹1,700 (medium-term)
- Exit Zone: ₹1,580–₹1,650 if momentum sustains
📌 Trend Status: The stock is currently consolidating with bullish bias, supported by volume but capped by medium-term resistance.
Positive
- EPS of ₹15.2 shows earnings visibility despite recent volatility.
- ROCE at 6.42% and ROE at 4.14% are positive, though modest.
- PEG ratio of 2.51 suggests growth potential relative to valuation.
- Strong trading volume indicates investor interest.
Limitation
- High P/E ratio (92.9) compared to industry PE (27.6), indicating overvaluation.
- Trading below 200 DMA reflects medium-term weakness.
- Dividend yield at 0.00% offers no income support for investors.
Company Negative News
- Quarterly PAT declined sharply to -₹55.1 Cr. vs ₹37.1 Cr. previously (-300%).
- FII holding decreased (-0.15%), showing reduced foreign investor confidence.
Company Positive News
- DII holding increased (+0.32%), signaling domestic institutional support.
- Strong trading activity and bullish MACD momentum despite profit decline.
Industry
- Industry PE at 27.6 is far lower than ONESOURCE’s P/E, suggesting peers are more attractively valued.
- IT/outsourcing sector remains growth-oriented, supported by global demand for digital transformation and services.
Conclusion
⚖️ ONESOURCE shows mixed signals—strong trading volume and bullish MACD momentum, but fundamentals are weak with sharp profit decline and high overvaluation. The stock is consolidating with bullish bias near support levels. A cautious entry around ₹1,430–₹1,460 may be considered with exit targets near ₹1,580–₹1,650 if momentum sustains. Long-term investors should monitor profitability and valuation before committing heavily.
Would you like me to extend this into a peer benchmarking overlay against other IT/outsourcing players (like Infosys, TCS, and Tech Mahindra) to highlight relative strength and margin-of-safety clarity?