INR 77.57 HOVS.NS HandsOn Global (NSE) pre-market 10 Jan 2026: Bounce watch
We see HOVS.NS stock trading at INR 77.57 in pre-market on 10 Jan 2026. This price sits near the day high and shows relative volume 1.87, which hints at higher activity. We view the setup as an oversold bounce candidate after a short YTD dip of -9.27% and recent support tested near INR 73.00. Our quick read pairs technical support levels with valuation metrics to outline a disciplined bounce trade.
HOVS.NS stock: Pre-market setup and trigger
Pre-market shows price INR 77.57 with an open at INR 73.85 and day low INR 73.00. This intraday range creates a clear trigger band for a bounce entry near INR 74.00. Volume at 22,569 versus average 12,054 confirms above-normal flow. We plan entries only after a confirmed intraday rejection of the low or a break above INR 80.00.
HOVS.NS stock technicals and short-term levels
Momentum markers are mixed, but price sits above the 50-day average INR 62.25 and 200-day average INR 60.31, showing medium-term strength. Key resistances: INR 83.00 and INR 90.00. Support levels: INR 73.00 and INR 62.25. ATR reads INR 4.25, so set stops around INR 69.00 for disciplined risk control.
Fundamentals: valuation and balance sheet
HandsOn Global Management (HGM) Limited reports EPS INR 4.10 and PE 18.92. Price to book is 4.06 and return on equity is 22.07%. Cash per share stands at INR 5.99 and debt to equity is low at 0.06. These metrics support a quality profile versus small-cap peers in Indian IT services.
Catalysts, sector context and risks
Catalysts include contract wins and margin recovery in IT services. The Technology sector has a 3-month outperformance of 5.55%, which can lift HOVS.NS stock. Main risks are long days sales outstanding (185.62 days) and concentrated client exposure. Monitor receivables trends before increasing position size.
Trading plan for an oversold bounce strategy
We recommend a scaled entry on rejection near INR 74.00 or a breakout above INR 80.00. Target INR 83.00 first, then INR 90.00 if momentum continues. Use a protective stop near INR 69.00. Keep position sizing small to respect volatility and liquidity.
Meyka grade, forecasts and analyst view
Meyka AI rates HOVS.NS with a score of 62.59 out of 100 — Grade B, HOLD. This grade factors S&P 500 comparison, sector performance, growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects INR 76.66 for one year, INR 84.13 in three years, and INR 91.67 in five years. These model values imply a near-term slight downside versus current price. Forecasts are model-based projections and not guarantees. For company facts and filings see the official site and exchange quote pages: HandsOn Global website and NSE quote for HOVS. For our real-time tools visit our Meyka stock page at Meyka HOVS.NS.
Final Thoughts
HOVS.NS stock trades at INR 77.57 in pre-market on 10 Jan 2026 and shows a classic oversold bounce setup. Short-term traders can look for a tested entry near INR 74.00 with tight risk management. Primary short-term targets are INR 83.00 and INR 90.00. Meyka AI’s forecast model projects INR 76.66 for the next year, implying limited near-term downside of -1.17% versus the current price, and a three-year projected upside of 8.44% to INR 84.13. Fundamentals present a healthy ROE 22.07%, modest leverage 0.06, and PE 18.92, supporting a measured hold for patient investors. Keep position sizes conservative and watch receivables and client updates. Meyka AI offers this as AI-powered market analysis, not investment advice.
FAQs
Is HOVS.NS stock a buy on this oversold bounce setup?
We see a tactical buy on a confirmed intraday rejection near INR 74.00 or on strength above INR 80.00. Keep a stop near INR 69.00 and use small position sizes due to receivables risk.
What are the realistic price targets for HOVS.NS stock?
Short-term targets are INR 83.00 and INR 90.00. Meyka AI’s model forecasts INR 76.66 in one year and INR 84.13 in three years. Forecasts are projections, not guarantees.
Which metrics should I monitor after entry?
Watch days sales outstanding (185.62 days), quarterly revenue growth, margin trends, and volume. Also track sector momentum and major client announcements.
How does Meyka AI rate HOVS.NS?
Meyka AI rates HOVS.NS with a score of 62.59 out of 100, Grade B, with a HOLD suggestion. This factors benchmarks, sector, growth, metrics, and consensus.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
