USHAMART is moving in a ascending triangle pattern on daily timeframe. Sustaining above the level of 222 can lead to a good breakout.
Manufactures of speciality steel products . Pledge percentage is very high and promoters are increasing in QoQ. Stock is in a resistance band. Stock is nearer to 52 week high. RSI indicating price getting more stronger .But declining profit margin and pledge % of promorters are a threat to its subsequent move.
Stock Name - Usha Martin Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 212 #This is not Buy and Sell recommendation to any one. This is for education...
USHAMART:- Stock has given breakout that too with good volume you can see good volumes one reason is also good result for september quarter, keep your eye good stock for short term. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas...
This is follow-up on Usha Martin. Can check link to related ideas. Target 1 achieved. Gain of more than 18%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
This is follow-up on Usha Martin. Can check link to related ideas. Target 2 achieved. Gain of more than 42%. Target 3 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered....
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Sensing a big Breakout soon in this Stock. Trendline supporting beautifully and now near immediate resistance. Target : 107,115 SL : 95 Only for educational purpose. Not a recommendation.
#USHAMART Usha Martin Ltd. NSE:USHAMART NSE:USHAMART CMP: 97.75 Short term quick target 107+ Long term higher expected. SL: 89 Duration < 1 month Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above...
All scripts posted here are only for study purpose do your analysis before taking any positions
USHAMART looks very bullish. It broke its previous swing high even when border market closed in deep red. 1st target - 66 Final target - 85 SL - 54
NSE:USHAMART This stock gave multiyear breakout above Rs 42 level in April 2021. And in this month it has been sustaining above 55. If in upcoming days if it sustain to remain above 55 then it will be a good buy for short term holding.
#USHAMART CMP 36.55 Target 55+ // 85+ Invest & hold If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free. NSE: USHAMART INVERTED HEAD & SHOULDER PATTERN tested & then breaksout! Super Bullish on this stock. From Rachit Sethia with 💚
Ushamart is given multi year breakout. This is the weekly chart of the Usha martin and has broken the trendline resistance even the horizontal resistance. Buy it now or on dips till it comes to support. The levels mentioned on the chart are Fibonacci levels and are working very well. You can buy now and hold for short term in the near future.
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn...