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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 2024-03-01 View latest technical analysis

10 day averaged volume of Usha Martin is 1447146

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	322.20	325.40	329.05	319.50	0.357 times
29 Thu Feb 2024	329.05	315.10	335.00	308.15	0.837 times
28 Wed Feb 2024	315.05	323.30	324.60	311.15	1.046 times
27 Tue Feb 2024	322.75	323.00	327.40	320.30	0.845 times
26 Mon Feb 2024	320.25	330.20	332.00	313.70	1.125 times
23 Fri Feb 2024	333.45	306.60	338.50	306.00	3.708 times
22 Thu Feb 2024	303.20	307.80	307.80	299.90	0.608 times
21 Wed Feb 2024	305.40	313.15	313.80	304.20	0.503 times
20 Tue Feb 2024	312.65	318.50	320.50	311.05	0.448 times
19 Mon Feb 2024	318.75	316.70	325.35	315.05	0.32 times

My analysis of stock is bearish for shortterm, and stock might move down till 312.1 or till 295.2. Use a stoploss of 326.14 and if the stock hits stoploss, then it can shoot up till 340.19

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	283.00
Downside Target	299.90
Downside Target	308.15
Downside Target	319.50
Upside Target	338.50
Upside Target	339.50
Upside Target	340.00
Upside Target	346.05
Upside Target	373.75
Upside Target	375.90
Upside Target	379.90

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	308.57
Downside Intraday Target	294.93
Upside Intraday Target	335.42
Upside Intraday Target	348.63
Downside Intraday Target	321.78

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	322.20	330.20	335.00	308.15	0.753 times
23 Fri Feb 2024	333.45	316.70	338.50	299.90	2.524 times
16 Fri Feb 2024	315.90	334.00	334.80	308.85	0.619 times
09 Fri Feb 2024	332.25	359.85	373.75	323.70	0.755 times
02 Fri Feb 2024	359.20	356.50	379.90	346.05	0.89 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
01 Fri Mar 2024	322.20	325.40	329.05	319.50	0.022 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
29 Fri Dec 2023	296.45	337.70	339.50	283.00	1.107 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is gaining momentum.

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

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

Usha Martin Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 323.51 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.