Swing trade - USHAMARTINCMP - 332
Green line - Support
Red line - Resistance
Keep trailing (With window of 5%) if going with large quantity.
Exit if falls below 312
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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14.00INR
4.24 BINR
32.11 BINR
199.85 M
About USHA MARTIN LTD.
Sector
Industry
CEO
Rajeev Jhawar
Website
Headquarters
Kolkata
Employees (FY)
4.86 K
Founded
1960
ISIN
INE228A01035
FIGI
BBG000D1LXX0
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 TO THE MOON### Usha Martin Limited: CANSLIM Analysis
Usha Martin Limited is a leading global manufacturer of wire ropes. The company operates in various segments, including steel and wire ropes, and serves industries such as oil & gas, mining, elevator, cranes, and infrastructure. Applying the CANSLIM method
#Ushamart 33% upside in Few months Based on the chart for Usha Martin Ltd (USHAMART on NSE) you provided, here is a trading recommendation:
### Trading Recommendation:
- **Entry:** If the stock price stays above the current level around ₹371.25, as this indicates sustained buyer interest.
- **Target:** ₹476.10 as marked on your char
USHAMART Good Breakout With High Quality Volume USHAMART Good Breakout With High Quality Volume
Buy Above 355
Stoploss Near 280
Target Near 450
Holding Time 2-3 Year
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel
Usha Martin Looking good as the weekly candle is almost nearing Gann levels @ 361 which should be a safe entry
Overall a good structure and seems like a next leg of rally would start soon above 361
Such A beautiful ChartFollowing 200 Sma Beautifully Should look this script in every Down move when it touches its magnet.
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If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Range BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Watch USHAMARTINLook over the chart, and enter if the resistance zone breaks (Blue channel).
Make positions in tranches.
Fundamental investors may buy in support (Green zone).
USHA MARTlOOKS good for upmove
Huge volume seen at downside
Take entry at given level
Only for educational purpose.
See all ideas
An aggregate view of professional's ratings.
Frequently Asked Questions
The current price of USHAMART is 345.90 INR — it has increased by 2.38% 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 BSE exchange USHA MARTIN LTD. stocks are traded under the ticker USHAMART.
USHAMART stock has fallen by −3.92% compared to the previous week, the month change is a 1.75% rise, over the last year USHA MARTIN LTD. has showed a 5.38% increase.
We've gathered analysts' opinions on USHA MARTIN LTD. future price: according to them, USHAMART price has a max estimate of 471.00 INR and a min estimate of 471.00 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 Jul 5, 2024 with the price of 427.30 INR, and its all-time low was 6.75 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 5.65% volatile and has beta coefficient of 0.19. 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 105.41 B, it has decreased by −3.19% 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 Nov 8, 2024. Keep track of upcoming events with our Earnings Calendar.
USHAMART net income for the last quarter is 1.04 B INR, while the quarter before that showed 1.06 B INR of net income which accounts for −2.02% 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 0.80%. 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 Sep 22, 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 6.07 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.