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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 2024-12-16 View latest technical analysis

10 day averaged volume of Usha Martin is 643779

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	385.00	396.30	401.00	383.05	0.876 times
13 Fri Dec 2024	395.85	398.45	399.55	391.10	0.4 times
12 Thu Dec 2024	398.55	406.90	408.30	397.30	0.562 times
11 Wed Dec 2024	407.40	413.45	414.40	402.55	0.533 times
10 Tue Dec 2024	410.85	409.45	424.40	405.80	1.491 times
09 Mon Dec 2024	409.40	407.60	414.85	406.15	0.741 times
06 Fri Dec 2024	407.60	407.50	410.00	402.85	0.752 times
05 Thu Dec 2024	404.90	411.05	415.90	402.10	1.588 times
04 Wed Dec 2024	403.80	395.10	406.00	392.95	1.884 times
03 Tue Dec 2024	393.75	380.90	395.00	380.90	1.455 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 383.5 as stoploss in an intra day buy trade for a target of 393.93. However, stock will show a bearish move below 383.5.

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	314.95
Downside Target	326.95
Downside Target	334.40
Downside Target	363.70
Downside Target	371.70
Upside Target	401.00
Upside Target	402.45
Upside Target	407.00
Upside Target	415.90
Upside Target	424.40
Upside Target	437.70
Upside Target	451.00

Intraday share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Intraday Target	378.37
Downside Intraday Target	371.73
Upside Intraday Target	396.32
Upside Intraday Target	407.63
Upside Intraday Target	389.68

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	385.00	396.30	401.00	383.05	0.235 times
13 Fri Dec 2024	395.85	407.60	424.40	391.10	0.594 times
06 Fri Dec 2024	407.60	380.30	415.90	376.10	1.215 times
29 Fri Nov 2024	379.60	400.10	407.00	374.00	1.5 times
22 Fri Nov 2024	392.90	379.90	402.45	374.95	0.628 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
16 Mon Dec 2024	385.00	380.30	424.40	376.10	0.459 times
29 Fri Nov 2024	379.60	426.80	437.70	363.70	0.158 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

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 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 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 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 losing momentum.

MACD generated a SELL signal for Usha Martin in short term but the sell 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. Bears are getting stronger in this stock.

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 SELL signal in short term and selling is picking up 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 402.24 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 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.