USHAMART Giving Daily Breakout USHAMART is moving in a ascending triangle pattern on daily timeframe. Sustaining above the level of 222 can lead to a good breakout.Longby YASHSINCE19956
Tight breakout Price is above 50;150; and 150 DMA and BO with tight consolidation Longby chavdachirag0
Usha Martin - In a Resistance BandManufactures 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.by DevanNaayarUpdated 1
USHAMART on Breakout; above 212 on Friday 10 Mar for IntradayPlease check out the INTRADAY Trading Strategy in the COMMENTS section below during the live market hours: --------------------------------------------------------------------------------------------------------------------- 1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within the first five to 15 minutes. "High Risk Traders" buys in hope of another 2% upmove intraday. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also 2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). Safe traders with minimum risk profile may Wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage 3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again. Both Safe Traders/High Risk Traders may book profits at this stage Stop Loss: You may keep the stop loss @ "Open" price of the day OR "Breakoutprice" The above information is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation. Longby JJ_BreakoutsUpdated 0
USHAMART - Ichimoku Bullish Breakout 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 purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja0
USHA MARTIN - DAY CHART - 10.02.2023 - BAHAVAN CAPITALUSHA MARTIN as per day chart analysis Stock ABOVE 195 TARGET 198 Happy Profitable Trading to All..by UnknownUnicorn196085720
USHA MARTIN - DAY CHART - 16.01.2023 - BAHAVAN CAPITALUSHA MARTIN as per day chart analysis Stock ABOVE 189 TARGET 189 Happy Profitable Trading to All...by UnknownUnicorn196085720
USHA MARTIN -- Northside momentumUSHAMARTIN moved from 150 levels to 180-190 levels after a long consolidation. Its above all averages and currently trading above the previous month's high. If momentum sustains - we can see further upside in this. Add to the watch list. Can keep this in the radar --& exit once the Previous week's Low is crossed downside. Longby rvc82800
USHAMART - Triangle pattern breakout - 40% upside potentialUSHAMART has given triangle pattern breakout at 140 levels. Target: Around 195-200 levels. SL: Daily candle close below 138-135 zone Target timeframe: 1-2 months. Note: It is a volatile and illiquid stock, so can expect some volatile movements either side, one should be patient and cautious with the price movement on either ways. Strict SL / trailing SL recommended.Long01:21by skandha1986Updated 8
Usha wins the MartinA Perfect Example of High Probabilty Trade Beautiful Triangle Breakout and Closing above the Falling Resistance Trendline along with good volume during the breakout gives enough conviction as a High Probability Trade.Longby Rahul2906960
BUY USHAMARTLooks good for a triangle breakout with sl of 125 on daily close basis Longby hmntvrmaUpdated 118
SYMMETRICAL TRIANGLE BO (USHAMART)NSE: USHAMART CMP : 160 TARGET 1 : 185 TARGET 2 : 197 STOPLOSS : 132 Note : This is not a buy or sell call, this analysis for educational purpose. Longby ketan_sartapeUpdated 0
Usha Martin for positional trade Please note this is for education purpose only.please do own research before you take a trade Longby jaintprasad842
USHA MARTINDec 23rd, 2022 - USHA MARTIN weekly closing above 146 will lead to bullish next week.Longby SHRIHARIIUpdated 8
USHAMARTUSHAMART:- 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 like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning. Longby AjayDhakad_Keep_it_simple225
15 Years of MultiYear Consolidation & Breakout at USHAMART15 Years of #MultiYear #Consolidation & #Breakout at #USHAMART (Usha Martin Ltd.) Weekly Chart It #outperformed the #Nifty. BSE: 517146 NSE : USHAMART Note - Please do not buy here because it has already moved 20% in two days. Before purchasing, wait for a correction. SL 1 - 131 SL 2 - 122 SL 3 - 104 Please keep up with the weekly closing basics' stoploss. Symmetrical Triangle: A symmetrical triangle is composed of a diagonal falling upper trendline and a diagonally rising lower trendline. As the price moves toward the apex, it will inevitably breach the upper trendline for a breakout and uptrend on rising prices or breach the lower trendline forming a breakdown and downtrend with falling prices. Traders should watch for a volume spike and at least two closes beyond the trendline to confirm the break is valid and not a head fake. Symmetrical triangles tend to be continuation break patterns, meaning that they tend to break in the direction of the initial move before the triangle formed. For example, if an uptrend precedes a symmetrical triangle, traders would expect the price to break to the upside. ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.Longby Usemerr6
Dont miss this stock for a Rocket 40% move I make educational content videos in swing trading Long10:02by Averoy_Apoorv_Analysis101037
This wire rope supplier is fighting off the bears! NSE:USHAMART While the entire market is in deep red, this stock has stayed resilient! While the company has posted good profit growth of >20% on a 5 year basis, high percentage of promoter pledging is a red flag. Nonetheless, company's business is robust with strong numbers posted quarter on quarter for the past two years in terms of sales growth, earnings growth, and net margins. This has had a positive impact on the overall solvency of the company with an interest coverage ratio of 12. Technically, the company is near its all time high prices and showing great relative strength in a falling market Price and volumes have been surging since last few sessions making it a good company to study further Disclaimer: for research/education purposes only. not an investment advice/ recommendation. Sources: company website, screener.in, tickertape.inby UnknownUnicorn234357890
Usha martin triangle breakoutUsha martin symmetric triangle breakout, which is continuation pattern. size of pattern is rupees 80. potential targets 165, 190, 220, 280. keep stop loss 7-8% Time horizon 6-12 months. Note : Only for learning, trade at your own risk.Longby pankaj16143123
USHA MARTIN Good BONSE:USHAMART Good to keep on the radar Always respect SL & position sizing ======================== Trade Secrets By Pratik ======================== Disclaimer SEBI UNREGISTERED This is our personal view and this analysis is only for educational purposes Please consult your advisor before investing or trading You are solely responsible for any decisions you take on basis of our research.Longby Trade_Secrets_By_Pratik0
USHA MARTIN BREAKOUTSymmentrical Triangle Breakout with strong volume ... Must add on cmp ... Targets and stop loss shown in chart .... Longby BreakoutSignals10
USHAMART SWING TRADECan enter in current price 1st Target @ 144 & 2nd Target @ 154 Stop loss @ 124 This is only for educational purpose kindly trade at ur own risk Thank youLongby sanath870
equilateral triangle patternUsha martin is currently in triangle formation If it break the resistance go for long and is breaks the support go for short position both side trade possible based on the next few daysby chart_analytics_kb4