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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 2024-11-12 View latest technical analysis

10 day averaged volume of Usha Martin is 977662

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	384.60	392.65	398.80	382.90	0.572 times
11 Mon Nov 2024	392.90	397.80	402.30	391.05	0.545 times
08 Fri Nov 2024	397.30	420.00	420.90	395.10	1.099 times
07 Thu Nov 2024	416.70	410.00	437.70	408.55	2.678 times
06 Wed Nov 2024	420.45	423.00	423.65	415.00	0.663 times
05 Tue Nov 2024	421.60	409.85	423.90	406.55	0.906 times
04 Mon Nov 2024	413.05	428.00	429.70	409.10	0.68 times
01 Fri Nov 2024	428.15	426.80	432.40	423.55	0.294 times
31 Thu Oct 2024	424.90	415.50	426.80	410.50	0.839 times
30 Wed Oct 2024	414.90	414.90	428.15	413.10	0.864 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 395, but if it comes above 395, then a intra day buy could be more profitable.
If you take a sell trade below 395, then use 395 as stoploss and 376.6 as target. However if you take a buy trade in stock , then use 395 as stoploss and 410.4 as target.

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	314.95
Downside Target	326.95
Downside Target	334.40
Downside Target	350.25
Downside Target	371.70
Downside Target	380.15
Upside Target	395.10
Upside Target	427.80
Upside Target	432.40
Upside Target	437.70
Upside Target	437.80
Upside Target	451.00

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	377.57
Downside Intraday Target	370.53
Upside Intraday Target	396.97
Upside Intraday Target	409.33
Upside Intraday Target	389.93

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	384.60	397.80	402.30	382.90	0.185 times
08 Fri Nov 2024	397.30	428.00	437.70	395.10	0.758 times
01 Fri Nov 2024	428.15	387.85	432.40	381.35	1.325 times
25 Fri Oct 2024	384.40	432.90	437.80	380.15	0.178 times
18 Fri Oct 2024	429.00	413.40	451.00	404.05	0.687 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
12 Tue Nov 2024	384.60	426.80	437.70	382.90	0.076 times
31 Thu Oct 2024	424.90	360.00	451.00	334.40	4.632 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

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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Usha Martin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 412.38 and Usha Martin (USHAMART) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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