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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 2024-12-19 View latest technical analysis

10 day averaged volume of Usha Martin is 533339

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	375.05	372.00	378.15	370.05	0.711 times
18 Wed Dec 2024	378.70	388.10	389.05	375.95	0.844 times
17 Tue Dec 2024	388.10	388.00	394.80	383.50	0.775 times
16 Mon Dec 2024	385.00	396.30	401.00	383.05	1.058 times
13 Fri Dec 2024	395.85	398.45	399.55	391.10	0.483 times
12 Thu Dec 2024	398.55	406.90	408.30	397.30	0.679 times
11 Wed Dec 2024	407.40	413.45	414.40	402.55	0.643 times
10 Tue Dec 2024	410.85	409.45	424.40	405.80	1.799 times
09 Mon Dec 2024	409.40	407.60	414.85	406.15	0.894 times
06 Fri Dec 2024	407.60	407.50	410.00	402.85	0.908 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 380.8, but if it comes above 380.8, then a intra day buy could be more profitable.
If you take a sell trade below 380.8, then use 380.8 as stoploss and 367 as target. However if you take a buy trade in stock , then use 380.8 as stoploss and 392.34 as target.

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	314.95
Downside Target	326.95
Downside Target	334.40
Downside Target	363.70
Upside Target	387.00
Upside Target	401.00
Upside Target	402.45
Upside Target	407.00
Upside Target	415.90
Upside Target	424.40
Upside Target	437.70
Upside Target	451.00

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	363.07
Downside Intraday Target	351.08
Upside Intraday Target	394.02
Upside Intraday Target	412.98
Upside Intraday Target	382.03

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	375.05	396.30	401.00	370.05	0.753 times
13 Fri Dec 2024	395.85	407.60	424.40	391.10	0.594 times
06 Fri Dec 2024	407.60	380.30	415.90	376.10	1.215 times
29 Fri Nov 2024	379.60	400.10	407.00	374.00	1.5 times
22 Fri Nov 2024	392.90	379.90	402.45	374.95	0.628 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
19 Thu Dec 2024	375.05	380.30	424.40	370.05	0.541 times
29 Fri Nov 2024	379.60	426.80	437.70	363.70	0.158 times
31 Thu Oct 2024	424.90	360.00	451.00	334.40	4.632 times
30 Mon Sep 2024	357.50	332.00	371.70	326.95	0.888 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Usha Martin ( (USHAMART) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Usha Martin in short term and the sell signal is strong.

Usha Martin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Usha Martin in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 397.25 and Usha Martin (USHAMART) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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