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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 2024-03-04 View latest technical analysis

10 day averaged volume of Usha Martin is 1375373

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	318.85	328.25	329.90	316.50	0.404 times
02 Sat Mar 2024	325.10	325.40	328.40	322.25	0.027 times
01 Fri Mar 2024	322.20	325.40	329.05	319.50	0.375 times
29 Thu Feb 2024	329.05	315.10	335.00	308.15	0.88 times
28 Wed Feb 2024	315.05	323.30	324.60	311.15	1.1 times
27 Tue Feb 2024	322.75	323.00	327.40	320.30	0.889 times
26 Mon Feb 2024	320.25	330.20	332.00	313.70	1.184 times
23 Fri Feb 2024	333.45	306.60	338.50	306.00	3.902 times
22 Thu Feb 2024	303.20	307.80	307.80	299.90	0.64 times
21 Wed Feb 2024	305.40	313.15	313.80	304.20	0.53 times

My analysis of stock is bearish for shortterm, and stock might move down till 312.4 or till 299.5. Use a stoploss of 323.07 and if the stock hits stoploss, then it can shoot up till 333.78

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	283.00
Downside Target	299.90
Downside Target	308.15
Downside Target	316.50
Upside Target	323.70
Upside Target	335.00
Upside Target	338.50
Upside Target	339.50
Upside Target	340.00
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	313.6
Downside Intraday Target	308.35
Upside Intraday Target	327
Upside Intraday Target	335.15
Upside Intraday Target	321.75

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	318.85	328.25	329.90	316.50	0.091 times
02 Sat Mar 2024	325.10	330.20	335.00	308.15	0.758 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

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
04 Mon Mar 2024	318.85	325.40	329.90	316.50	0.047 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 losing momentum.

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

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 324 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 negative.

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