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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.

10 day averaged volume of Usha Martin is 1117967

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	364.05	364.70	371.00	358.50	0.45 times
24 Wed Apr 2024	361.40	363.65	367.40	359.00	0.472 times
23 Tue Apr 2024	360.90	367.70	369.15	357.55	0.523 times
22 Mon Apr 2024	368.40	367.15	374.00	364.40	0.874 times
19 Fri Apr 2024	361.90	357.60	369.90	352.80	1.122 times
18 Thu Apr 2024	364.30	349.00	369.00	348.00	2.6 times
16 Tue Apr 2024	347.50	335.00	348.75	331.50	0.579 times
15 Mon Apr 2024	336.20	338.65	339.00	325.45	0.589 times
12 Fri Apr 2024	343.95	335.00	348.00	335.00	2.473 times
10 Wed Apr 2024	339.80	340.85	345.75	337.55	0.254 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 359.4, but if it comes below 359.4, then a intra day sell could be more profitable.
If you take a sell trade below 359.4, then use 359.4 as stoploss and 343.23 as target. However if you take a buy trade in stock , then use 359.4 as stoploss and 378.9 as target.

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	273.05
Downside Target	283.00
Downside Target	298.35
Downside Target	319.00
Downside Target	347.00
Downside Target	351.90
Downside Target	357.55
Upside Target	369.90
Upside Target	374.00
Upside Target	375.90
Upside Target	379.90

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	356.4
Downside Intraday Target	348.75
Upside Intraday Target	372.85
Upside Intraday Target	381.65
Upside Intraday Target	365.2

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	364.05	367.15	374.00	357.55	0.474 times
19 Fri Apr 2024	361.90	338.65	369.90	325.45	1.156 times
12 Fri Apr 2024	343.95	338.60	351.90	335.00	1.341 times
05 Fri Apr 2024	335.70	319.00	347.00	319.00	1.439 times
28 Thu Mar 2024	318.25	298.35	325.00	298.35	0.598 times

Price has moved up 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
25 Thu Apr 2024	364.05	319.00	374.00	319.00	0.924 times
28 Thu Mar 2024	318.25	325.40	329.90	273.05	0.747 times
29 Thu Feb 2024	329.05	375.00	379.90	299.90	0.774 times
31 Wed Jan 2024	371.85	294.30	375.90	288.50	2.206 times

Scroll below to view daily charts

Price has moved up 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 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 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 gaining 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 moving up

CCI has generated a buy signal for Usha Martin in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 355.73 and Usha Martin (USHAMART) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.