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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 2024-10-10 View latest technical analysis

10 day averaged volume of Usha Martin is 567476

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	367.15	344.00	370.00	343.90	3.108 times
09 Wed Oct 2024	343.05	347.40	351.45	340.10	0.674 times
08 Tue Oct 2024	345.55	339.15	347.50	334.40	0.72 times
07 Mon Oct 2024	339.15	350.10	354.80	335.65	1.173 times
04 Fri Oct 2024	348.85	354.25	360.20	346.00	0.935 times
03 Thu Oct 2024	356.25	362.95	367.25	354.00	0.882 times
01 Tue Oct 2024	366.85	360.00	369.60	357.00	1.874 times
30 Mon Sep 2024	357.50	357.95	360.90	349.00	0.878 times
27 Fri Sep 2024	354.95	353.95	357.30	349.30	0.798 times
26 Thu Sep 2024	351.70	359.00	360.90	350.00	0.747 times

Stock of Usha Martin (USHAMART) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 369.7, for a target of 360.4 or 352.56

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	312.25
Downside Target	326.95
Downside Target	334.40
Downside Target	343.25
Downside Target	360.90
Upside Target	370.00
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	344.37
Downside Intraday Target	321.58
Upside Intraday Target	379.97
Upside Intraday Target	392.78
Downside Intraday Target	357.18

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	367.15	350.10	370.00	334.40	1.242 times
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

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
10 Thu Oct 2024	367.15	360.00	370.00	334.40	0.256 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 up 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 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 short to mid 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 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 Strong and stock is gaining momentum.

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

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 green color and prices are above the green 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 356.83 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 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.