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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 2024-10-04 View latest technical analysis

10 day averaged volume of Usha Martin is 715345

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	348.85	354.25	360.20	346.00	0.742 times
03 Thu Oct 2024	356.25	362.95	367.25	354.00	0.7 times
01 Tue Oct 2024	366.85	360.00	369.60	357.00	1.486 times
30 Mon Sep 2024	357.50	357.95	360.90	349.00	0.697 times
27 Fri Sep 2024	354.95	353.95	357.30	349.30	0.633 times
26 Thu Sep 2024	351.70	359.00	360.90	350.00	0.593 times
25 Wed Sep 2024	356.85	351.60	358.80	350.80	1.047 times
24 Tue Sep 2024	351.60	353.05	355.55	348.35	0.428 times
23 Mon Sep 2024	351.65	347.00	356.85	343.25	1.615 times
20 Fri Sep 2024	345.05	342.30	356.95	340.55	2.062 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 348 as stoploss in an intra day buy trade for a target of 354.83. However, stock will show a bearish move below 348.

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	312.25
Downside Target	326.95
Downside Target	334.70
Downside Target	343.25
Upside Target	365.10
Upside Target	369.60
Upside Target	371.70
Upside Target	387.00
Upside Target	423.95
Upside Target	427.80

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	340.03
Downside Intraday Target	331.22
Upside Intraday Target	363.63
Upside Intraday Target	378.42
Upside Intraday Target	354.82

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	348.85	357.95	369.60	346.00	0.84 times
27 Fri Sep 2024	354.95	347.00	360.90	343.25	0.769 times
20 Fri Sep 2024	345.05	359.85	365.10	334.70	0.722 times
13 Fri Sep 2024	359.85	354.95	371.70	346.25	0.729 times
06 Fri Sep 2024	350.95	332.00	354.90	326.95	1.699 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 Fri Oct 2024	348.85	360.00	369.60	346.00	0.101 times
30 Mon Sep 2024	357.50	332.00	371.70	326.95	0.888 times
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

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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 353.82 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.