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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 2024-12-30 View latest technical analysis

10 day averaged volume of Usha Martin is 1072671

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	377.90	385.95	387.80	371.40	1.12 times
27 Fri Dec 2024	383.65	364.60	393.50	363.00	5.869 times
26 Thu Dec 2024	362.40	374.50	379.00	361.00	0.353 times
24 Tue Dec 2024	374.15	374.40	379.95	370.10	0.598 times
23 Mon Dec 2024	372.90	375.00	378.15	365.85	0.395 times
20 Fri Dec 2024	371.85	376.20	383.60	369.45	0.861 times
19 Thu Dec 2024	375.05	372.00	378.15	370.05	0.353 times
18 Wed Dec 2024	378.70	388.10	389.05	375.95	0.419 times
17 Tue Dec 2024	388.10	388.00	394.80	383.50	0.385 times
16 Mon Dec 2024	385.00	396.30	401.00	383.05	0.526 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 374.6 as stoploss in an intra day buy trade for a target of 389.11. However, stock will show a bearish move below 374.6.

Share price targets for Usha Martin (USHAMART)

Target Type	Value
Downside Target	314.95
Downside Target	326.95
Downside Target	334.40
Downside Target	361.00
Upside Target	387.00
Upside Target	393.50
Upside Target	401.00
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	370.27
Downside Intraday Target	362.63
Upside Intraday Target	386.67
Upside Intraday Target	395.43
Upside Intraday Target	379.03

Weekly technical analysis of Usha Martin (USHAMART)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	377.90	385.95	387.80	371.40	0.155 times
27 Fri Dec 2024	383.65	375.00	393.50	361.00	2.835 times
20 Fri Dec 2024	371.85	396.30	401.00	369.45	1.138 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

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 Mon Dec 2024	377.90	380.30	424.40	361.00	1.188 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

RSI is generating a SELL signal in short term but selling is losing 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 380.28 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.