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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 2024-03-22 View latest technical analysis

10 day averaged volume of Usha Martin is 955943

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	299.10	295.85	302.25	292.55	0.608 times
21 Thu Mar 2024	293.60	285.40	296.00	285.00	0.696 times
20 Wed Mar 2024	283.50	286.50	288.45	281.60	0.483 times
19 Tue Mar 2024	285.00	288.25	297.40	282.95	0.879 times
18 Mon Mar 2024	286.35	287.10	289.00	277.35	1.619 times
15 Fri Mar 2024	283.40	288.05	292.60	275.60	1.577 times
14 Thu Mar 2024	288.30	279.05	295.00	273.05	0.807 times
13 Wed Mar 2024	277.45	299.10	299.10	273.95	1.553 times
12 Tue Mar 2024	296.20	305.00	307.70	290.40	0.792 times
11 Mon Mar 2024	306.10	308.20	312.90	303.80	1.215 times

My analysis of stock is bearish for shortterm, and stock might move down till 288 or till 268.8. Use a stoploss of 304.07 and if the stock hits stoploss, then it can shoot up till 320.11

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	273.05
Downside Target	283.00
Upside Target	299.90
Upside Target	329.90
Upside Target	335.00
Upside Target	338.50
Upside Target	339.50
Upside Target	340.00
Upside Target	375.90
Upside Target	379.90

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	283.55
Downside Intraday Target	268
Upside Intraday Target	308.45
Upside Intraday Target	317.8
Downside Intraday Target	292.9

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	299.10	287.10	302.25	277.35	0.721 times
15 Fri Mar 2024	283.40	308.20	312.90	273.05	1.164 times
07 Thu Mar 2024	308.20	328.25	329.90	303.00	0.796 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

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
22 Fri Mar 2024	299.10	325.40	329.90	273.05	0.643 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Usha Martin ( (USHAMART) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Usha Martin stock for short term is SELL. 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.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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

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 288.81 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 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.