Usha Martin :Descending Channel Breakout!!!!!USHAMART has been moving within a clearly defined descending channel, respecting both the upper and lower trendlines for an extended period. The structure indicates a controlled downtrend where each rally has been capped by the channel resistance.
Currently, price is pushing toward the upper bounda
Usha Martin Limited
No trades
Next report date
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Report period
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EPS estimate
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Revenue estimate
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13.75 INR
4.07 B INR
34.61 B INR
175.10 M
About Usha Martin Limited
Sector
Industry
CEO
Rajeev Jhawar
Website
Headquarters
Kolkata
Founded
1960
IPO date
Oct 7, 1994
Identifiers
2
ISIN INE228A01035
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.
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How to Backtest Strategies on Trading view ? ( With Strategy)In this video I have showcased how you can backtest your strategies and not only that - I showcased one of my strategies that I use in terms of price action and then backtested it and showcased all the metrics that are important . Use this Trading view feature it is the best .
Charts used in this
USHAMARTUSHAMART is looking good.
It recently broke above a key resistance and successfully retested the breakout zone. Since then, price has been consolidating in a tight range above all major EMAs and resistance, indicating strength.
The overall market structure remains bullish, suggesting a higher pro
Usha Martin: Cup & Handle Breakout Loading!🧩 1. Cup & Handle Setup
Smooth U-shaped Cup with a tight Darvas Box Handle on top.
Classic bullish continuation structure — breakout confirmation above ₹488.
📈 2. Fibonacci Outlook
0.786 (₹406) → Neckline retest
1.0 (₹449) → Cup breakout
1.272 (₹503) / 1.386 (₹526) → 🎯 Short-term targets
1.61
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
Usha Martin Ltd (USHAMART)Usha Martin Ltd (NSE: USHAMART) is an established Indian company primarily engaged in manufacturing steel wires, strands, wire ropes, cords, and related accessories, with additional involvement in optical fiber cables and other telecom products. Founded in 1960 and headquartered in Kolkata, it serve
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
usha martinPrice has formed an inverted Head & Shoulders, a reversal pattern signaling strength.
Breakout above neckline near ₹398 has triggered upward momentum.
Current price is around ₹410, with next resistance/target near ₹447.
Stop loss area is around ₹367 to manage risk.
Trend remains positive as long
#USHAMART - VCP BreakOut in Daily Time Frame Script: USHAMART
Key highlights: 💡⚡
📈 VCP BreakOut in Daily Time Frame
📈 Price consolidated near Resistance before BO
📈 Volume spike during Breakout
📈 MACD Crossover
📈 Stock is near ATH
📈 Can go for a swing trade
BUY ONLY ABOVE 410 DCB
⏱️ C.M.P 📑💰- 407
🟢 Target 🎯🏆 – 12.90%
⚠️ Stoploss ☠️🚫 – 6.
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Summarizing what the indicators are suggesting.
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of USHAMART is 441.70 INR — it has increased by 0.58% in the past 24 hours. Watch Usha Martin Limited stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Usha Martin Limited stocks are traded under the ticker USHAMART.
USHAMART stock has risen by 4.86% compared to the previous week, the month change is a 11.40% rise, over the last year Usha Martin Limited has showed a 40.47% increase.
We've gathered analysts' opinions on Usha Martin Limited future price: according to them, USHAMART price has a max estimate of 600.00 INR and a min estimate of 518.00 INR. Watch USHAMART chart and read a more detailed Usha Martin Limited stock forecast: see what analysts think of Usha Martin Limited and suggest that you do with its stocks.
USHAMART reached its all-time high on Nov 10, 2025 with the price of 497.10 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 2.70% volatile and has beta coefficient of 0.59. Track Usha Martin Limited stock price on the chart and check out the list of the most volatile stocks — is Usha Martin Limited there?
Today Usha Martin Limited has the market capitalization of 132.65 B, it has increased by 0.96% over the last week.
Yes, you can track Usha Martin Limited financials in yearly and quarterly reports right on TradingView.
Usha Martin Limited is going to release the next earnings report on Apr 24, 2026. Keep track of upcoming events with our Earnings Calendar.
Usha Martin Limited revenue for the last quarter amounts to 9.17 B INR, despite the estimated figure of 9.39 B INR. In the next quarter, revenue is expected to reach 9.79 B INR.
USHAMART net income for the last quarter is 1.08 B INR, while the quarter before that showed 1.10 B INR of net income which accounts for 0.00% change. Track more Usha Martin Limited financial stats to get the full picture.
Yes, USHAMART dividends are paid annually. The last dividend per share was 3.00 INR. As of today, Dividend Yield (TTM)% is 0.69%. Tracking Usha Martin Limited dividends might help you take more informed decisions.
Usha Martin Limited dividend yield was 0.89% in 2024, and payout ratio reached 22.44%. The year before the numbers were 0.86% and 19.77% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 16, 2026, the company has 5 K employees. See our rating of the largest employees — is Usha Martin Limited on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Usha Martin Limited EBITDA is 6.33 B INR, and current EBITDA margin is 16.97%. See more stats in Usha Martin Limited 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 Limited 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 Limited technincal analysis shows the buy rating today, and its 1 week rating is buy. 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 Limited stock shows the buy signal. See more of Usha Martin Limited 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.









