USHAMART - TRENDLINE RESISTANCEUSHAMART - TRENDLINE RESISTANCE - 30min CHART
Analysis based on Price Action strategy.
For learning and educational purposes only, not a trading advice. Pls consult your financial advisor before investing.
Next report date
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14.05 INR
4.24 B INR
32.11 B INR
157.48 M
About USHA MARTIN LTD.
Sector
Industry
CEO
Rajeev Jhawar
Website
Headquarters
Kolkata
Founded
1960
ISIN
INE228A01035
FIGI
BBG000D1LYY7
Usha Martin Ltd. engages in the manufacture of wire ropes and steel. It operates through Wire & Wire Ropes and Others segments. The Wire & Wire Ropes segment consist of steel wires, strands, wire ropes, cord, bright bar, related accessories including wire drawing and allied machines. The Others segment includes manufacture and selling of wire drawing and allied machines. The company was founded by Basant Kumar Jhawar and Brij Kishore Jhawar in 1960 and is headquartered in Kolkata, India.
USHAMART BULLISHHUSHA MARTIN LTD is looking strong upside.
Entry for swing trade
You can go for it after doing your own analysis.
entry price target and stop loss has been updated in the chart.
ONLY FOR EDUCATIONAL PURPOSE..!
Moving within a channel with resistance becoming support UshaMarMoving within a parallel channel with resitance becoming support and breakout after retest on 15 min chart. Take profits accord to fib levels. This is not a financial advice please do your research before placing trades.
Inside BarUSHAMART
+ Strong prior Move followed by a low volume base
+ Inside bar at 10 EMA
+ Above Key EMAs
Disc : Charts are shared for educational Purposes only.
Amazing breakout on Weekly / Daily Timeframe - USHAMARTCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the break
Usha Martin AnalysisHello Traders, an upside moment is expected in usha martin as it is consolidating near all time high and we can see a momentum upwards in this stock soon once it sustains above resistance in coming trading sessions.
WAVE Confirmation = Strong BuyWeakly Timeframe : MACD - RSI - Stosch = Strong buy
Daily - RSI & Stosch = Strong Buy
Candle - Bullish Candle
Volume - Above Average
EMA - Positive Crossover
Chart Pattern - Cup & handle
FIB Retracement - 50%
Divergence - N/A
USHAMART - INVERTED HEAD & SHOULDERUSHAMART is seemed to be making an Inverted H&S pattern. It may go down make 2nd shoulder and then reverse. Formation of a Hammer candle at 2nd shoulder will be a good confirmation.
It is also moving in an Ascending Channel from June 2023 at Weekly chart.
330 seems a good support, horizontal and low
Ushamartin -Breakout viewUshaMart :
Closed above Resistance levels
Need to sustain 440 levels, immediate support at 425 and 410
Keep an EYE on Usha Martin LtdBigger the consolidation better the breakout / so keep an eye on usha martin ltd / high probability of channel breakout on daily chart. cmp 413.40 Plan your trade
not a buy or sell recommendation / do your analysis before take a trade
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of USHAMART is 377.00 INR — it has decreased by −1.50% in the past 24 hours. Watch USHA MARTIN LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange USHA MARTIN LTD. stocks are traded under the ticker USHAMART.
USHAMART stock has risen by 0.77% compared to the previous week, the month change is a −1.25% fall, over the last year USHA MARTIN LTD. has showed a 26.38% increase.
We've gathered analysts' opinions on USHA MARTIN LTD. future price: according to them, USHAMART price has a max estimate of 541.00 INR and a min estimate of 541.00 INR. Watch USHAMART chart and read a more detailed USHA MARTIN LTD. stock forecast: see what analysts think of USHA MARTIN LTD. and suggest that you do with its stocks.
USHAMART reached its all-time high on Oct 15, 2024 with the price of 451.00 INR, and its all-time low was 6.70 INR and was reached on Feb 29, 2016. View more price dynamics on USHAMART chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
USHAMART stock is 0.24% volatile and has beta coefficient of 0.70. Track USHA MARTIN LTD. stock price on the chart and check out the list of the most volatile stocks — is USHA MARTIN LTD. there?
Today USHA MARTIN LTD. has the market capitalization of 116.94 B, it has decreased by −1.29% over the last week.
Yes, you can track USHA MARTIN LTD. financials in yearly and quarterly reports right on TradingView.
USHA MARTIN LTD. is going to release the next earnings report on Feb 11, 2025. Keep track of upcoming events with our Earnings Calendar.
USHAMART net income for the last quarter is 1.10 B INR, while the quarter before that showed 1.04 B INR of net income which accounts for 5.39% change. Track more USHA MARTIN LTD. financial stats to get the full picture.
Yes, USHAMART dividends are paid annually. The last dividend per share was 2.75 INR. As of today, Dividend Yield (TTM)% is 0.72%. Tracking USHA MARTIN LTD. dividends might help you take more informed decisions.
USHA MARTIN LTD. dividend yield was 0.86% in 2023, and payout ratio reached 19.77%. The year before the numbers were 1.17% and 21.76% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 31, 2024, the company has 4.86 K employees. See our rating of the largest employees — is USHA MARTIN LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. USHA MARTIN LTD. EBITDA is 6.23 B INR, and current EBITDA margin is 18.23%. See more stats in USHA MARTIN LTD. financial statements.
Like other stocks, USHAMART shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade USHA MARTIN LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So USHA MARTIN LTD. technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating USHA MARTIN LTD. stock shows the buy signal. See more of USHA MARTIN LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.