USHAMART - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

📊 IntraDay Trade Rating: 3.7

🔍 Intraday Trade Analysis for Usha Martin Ltd (USHAMART)

Usha Martin is showing mixed signals for intraday trading today. While volume and MACD suggest short-term momentum, RSI and price action reflect caution. The stock is trading near a support zone, which could offer a bounce opportunity if broader sentiment improves.

✅ Bullish Indicators

MACD at 9.02: Indicates bullish crossover and short-term momentum.

Volume Surge: Today’s volume (10.5 lakh) is nearly 3× the weekly average (3.7 lakh), showing strong participation.

Price Above DMA 50 & 200: Trading at ₹378, above both ₹352 and ₹341, suggesting medium-term strength.

Strong Fundamentals: ROCE (18.8%) and ROE (15.8%) are solid, with low debt (D/E: 0.15).

⚠️ Bearish/Neutral Signals

RSI at 59.3: Neutral zone, not yet overbought but losing upward momentum.

High P/E (28.5) vs Industry PE (23.8): Slight overvaluation.

Quarterly Profit Decline: PAT dropped from ₹92.3 Cr. to ₹101 Cr., showing a mild contraction.

Price Action: Forming lower highs from ₹451 to ₹378, indicating a corrective phase.

💡 Intraday Strategy

📈 If You're Entering Fresh Today

Optimal Buy Price: ₹372–₹375 (near intraday support zone)

Profit Target: ₹385–₹390 (resistance from recent bounce levels)

Stop-Loss: ₹368 (below support and psychological level)

📉 If You're Already Holding

Exit on Weakness: If price breaks below ₹372 with rising volume and RSI dips below 55.

Momentum Exit: If MACD flattens or diverges negatively.

Profit Booking Zone: ₹385–₹390 if price rebounds with volume and RSI crosses 65.

📌 Summary

USHAMART is a moderate-risk intraday candidate today. Strong volume and MACD support a short-term bounce, but RSI and price structure suggest caution. Best suited for range-bound or reversal-based strategies, not breakout trades.

Would you like a screener of metal sector stocks with stronger intraday momentum?

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