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(USHAMART) Usha Martin complete technical analysis [charts+indicators] | Buy/Sell Usha Martin | (USHAMART) share price targets

Complete technical analysis of Usha Martin (USHAMART) by charts plus indicators, forecast predictions and share price targets for Usha Martin (USHAMART)

Usha Martin trades in NSE in Iron & Steel Products sector.

Showing technical analysis as on 2024-10-17 View latest technical analysis

10 day averaged volume of Usha Martin is 7861324

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	418.95	438.25	439.40	416.10	0.184 times
16 Wed Oct 2024	436.85	443.00	443.75	427.55	0.27 times
15 Tue Oct 2024	440.85	421.85	451.00	418.05	1.561 times
14 Mon Oct 2024	430.15	413.40	433.00	404.05	1.948 times
11 Fri Oct 2024	422.10	365.45	433.80	365.00	5.679 times
10 Thu Oct 2024	367.15	344.00	370.00	343.90	0.224 times
09 Wed Oct 2024	343.05	347.40	351.45	340.10	0.049 times
08 Tue Oct 2024	345.55	339.15	347.50	334.40	0.052 times
07 Mon Oct 2024	339.15	350.10	354.80	335.65	0.085 times
04 Fri Oct 2024	348.85	354.25	360.20	346.00	0.067 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 406, but if it comes below 406, then a intra day sell could be more profitable.
If you take a sell trade below 406, then use 406 as stoploss and 371.16 as target. However if you take a buy trade in stock , then use 406 as stoploss and 447.9 as target.

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	312.25
Downside Target	326.95
Downside Target	334.40
Downside Target	343.25
Downside Target	360.90
Downside Target	387.00
Downside Target	404.05
Upside Target	423.95
Upside Target	427.80
Upside Target	433.80
Upside Target	451.00

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	398.33
Downside Intraday Target	377.72
Upside Intraday Target	445.28
Upside Intraday Target	471.62
Upside Intraday Target	424.67

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	418.95	413.40	451.00	404.05	0.651 times
11 Fri Oct 2024	422.10	350.10	433.80	334.40	18.461 times
04 Fri Oct 2024	348.85	357.95	369.60	346.00	0.84 times
27 Fri Sep 2024	354.95	347.00	360.90	343.25	0.769 times
20 Fri Sep 2024	345.05	359.85	365.10	334.70	0.722 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Usha Martin (USHAMART)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	418.95	360.00	451.00	334.40	3.905 times
30 Mon Sep 2024	357.50	332.00	371.70	326.95	0.888 times
30 Fri Aug 2024	331.35	379.75	387.00	314.95	1.145 times
31 Wed Jul 2024	379.75	387.85	427.80	350.25	0.731 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Usha Martin (USHAMART)

Price action analysis of Usha Martin ( (USHAMART) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Usha Martin ( (USHAMART) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Usha Martin ( (USHAMART) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Usha Martin stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Usha Martin in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Usha Martin Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Usha Martin in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Usha Martin is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 423.71 and Usha Martin (USHAMART) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Usha Martin (USHAMART) stock. Volume based technical analysis of Usha Martin (USHAMART) stock is negative.

Usha Martin Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.