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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 2024-08-30 View latest technical analysis

10 day averaged volume of Usha Martin is 1351889

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	331.35	336.50	338.60	330.30	0.468 times
29 Thu Aug 2024	336.90	341.55	342.00	332.00	0.534 times
28 Wed Aug 2024	341.70	340.00	347.20	337.15	0.473 times
27 Tue Aug 2024	343.10	336.50	344.65	333.60	0.706 times
26 Mon Aug 2024	336.50	332.00	337.00	330.05	1.135 times
23 Fri Aug 2024	332.85	334.10	336.60	329.00	0.669 times
22 Thu Aug 2024	336.80	332.20	343.60	330.50	0.631 times
21 Wed Aug 2024	332.20	339.00	340.65	330.70	0.493 times
20 Tue Aug 2024	338.05	321.15	346.40	320.55	3.267 times
19 Mon Aug 2024	319.40	327.00	328.50	318.00	1.327 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 328.9 as stoploss in an intra day buy trade for a target of 339.78. However, stock will show a bearish move below 328.9.

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	312.25
Downside Target	330.05
Upside Target	342.00
Upside Target	364.80
Upside Target	365.65
Upside Target	378.45
Upside Target	387.00
Upside Target	394.50
Upside Target	423.95
Upside Target	427.80

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	325.2
Downside Intraday Target	319.05
Upside Intraday Target	342.35
Upside Intraday Target	353.35
Upside Intraday Target	336.2

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	331.35	332.00	347.20	330.05	0.519 times
23 Fri Aug 2024	332.85	327.00	346.40	318.00	1.57 times
16 Fri Aug 2024	326.90	345.30	349.30	314.95	1.629 times
09 Fri Aug 2024	347.20	364.80	364.80	342.00	0.781 times
02 Fri Aug 2024	369.95	375.45	387.00	365.65	1.009 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
30 Fri Aug 2024	331.35	379.75	387.00	314.95	1.145 times
31 Wed Jul 2024	379.75	387.85	427.80	350.25	0.731 times
28 Fri Jun 2024	387.85	382.75	423.95	312.25	1.45 times
31 Fri May 2024	364.65	374.85	378.45	330.20	0.645 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 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 neutral. A longer time frame might give a better analysis.

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 gaining 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 and SELL signal is strong!

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 334.74 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.