Usha Martin moving to 67 cmp 48Chart formation looks strong for medium term 3 to 9 Months
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USHAMART trade ideas
Flag FormatiionFlag formation after rectangle break out with decent volume. Risk reward in favour, look out for the flag break out...
watch for resistance breakout in USHA MARTIN1. horizontal resistance
2. lower supportive trendline
3. higher lows pattern
4. rsi convergence
5.volume starts increasing
levels:
risky traders = buy above 59.55
safe traders= buuy above 61
stop loss= 55.5
target= 64 for intraday
this can be taken for swing trade also;as it is making cup and handle pattern on daily time frame
let us see how the things move in coming days
Usha Martin, go longBuy: 56
Target 1: 70
Target 2: 90
Cup and handle with strong fundamentals.
I am NOT a SEBI registered advisor or a financial adviser. Any of my investment or trades I share by me are provided for educational purposes only and do not constitute specific financial, trading or investment advice. You should discuss your specific requirements and situation with a qualified financial adviser.
USHA MARTIN LONGMONTHLY AND WEEKLY RSI ABOVE 60 SHOWING STRONG MOMENTUM
STRENGTH SHOWN IN RELATIVE OUTPERFORMANCE TO THE BROAD MARKET
BULL FLAG PATTERN EXPECTED TO BREAK TO THE UPSIDE SUPPORTED BY A MDRP UP SIGNAL ON RSI
ENTER @ CMP
INITIAL STOP LOSS 49
TRAIL WITH ADAPTIVE ATR OR SUPERTREND ON 120 MIN TIMEFRAME
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USHAMARTIN - Multi-year Breakout and Re-test | Weekly | Swing The above analysis is done purely based on Price action and Popular chart analysis.
The analysis is done on weekly time frame and hence it may take price a couple of weeks to few months to reach the target.
Entry can be made between range - CM to 50/-
SL will be below 36 for safe traders and risk taking traders can put SL below 44-45.
Target is shown in image itself.
Don't run after the price, and always trade based on your study.
Maintain proper risk management.
Also check out my other ideas based on multi-year breakout and other price behaviour.
Feel free to comment or message me for any kind of queries.
Usha Martin - Breakout on Monthly chart Usha Martin - Breakout on Monthly chart. Bought as a long term investment. Targets/Stop loss as shown. Keep trailing as per your time horizon and risk appetite!!
USHAMART(IN)USHAMARTIN looks too good formed Head & Shoulders Pattern Targets could be 91,106
Hldng period 6mnths to 1year
USHA MARTIN CMP 45Chart pattern is very bulling and long term chart is simply amazing. Once can look at it for medium term to make quick bucks
Target: 70/100/140
Time Frame: 3/9/12 months
Stop Loss: 39(Weekly Basis)
Usha Martin - MACD Crossover + VolumeUsha Martin is looking good, two main dates to watch (Mentioned in the chart)
MACD Level crossing up signal line
Breaking Trends
Good fundamentals / Improving (minus some structure changes)
Volume is good
My target is upside of 20% in short term
Time to buy Usha Martin in NSEUsha Martin r retesting it's upper support line after traingle breakout Buy at CMP 31 SL below 29 RS tgt above 45 ++++++
Usha Martin Price Action analysis for Short termBuy If RSI increases with price breaking the Yellow Lines
1st Target 37.20
2nd Target: 38.80
3rd Target: 40 Plus and sell at Peak
Stop Loss: 32.90
ushamartin break out awaited above 31.50 target 35.20triangle break out along with resistance line break out
