USHAMART - IntraDay Trade Analysis with Live Signals

Last Updated Time : 19 Sept 25, 2:16 pm

IntraDay Trade Rating: 4.3

Usha Martin (USHAMART) shows a strong technical setup for intraday trading today, supported by bullish momentum, high volume, and favorable price action. Here's the breakdown

📊 Intraday Trade Analysis

✅ Bullish Indicators

MACD Positive (9.22): Indicates strong upward momentum.

RSI at 70.6: Bullish, though nearing overbought territory — ideal for momentum scalping.

Price Above DMA50 & DMA200: Trading at ₹416, well above 50-DMA (₹374) and 200-DMA (₹352), confirming trend strength.

Volume Surge: Current volume (33.8 lakh) is ~62% higher than 1-week average — strong intraday interest.

Strong ROCE (26.6%) & ROE (21.1%): Operational efficiency is excellent.

Low Debt-to-Equity (0.08): Financially sound.

DII Holding Increased: Institutional sentiment improving.

⚠️ Cautionary Factors

RSI Above 70: Risk of short-term pullback or profit booking.

Quarterly PAT Slightly Down: From ₹78.2 Cr to ₹70.9 Cr — minor dip.

High P/E (41.6) vs Industry PE (24.0): Valuation is stretched.

PEG Ratio (2.38): Indicates expensive growth.

🎯 Intraday Strategy

📌 Optimal Buy Price

Entry Zone: ₹412–₹416

Preferably on dips with volume >35 lakh and RSI holding above 70.

💰 Profit-Taking Levels

Target 1: ₹425

Target 2: ₹432–₹435

If momentum sustains and price breaks above ₹425 with volume support.

🛡️ Stop-Loss

Exit Below: ₹405

A break below this level signals loss of intraday strength.

🕒 If Already Holding Today

📌 Exit Triggers

MACD Histogram Shrinks: Indicates fading momentum.

Volume Drops Below 28 lakh: Signals weakening interest.

Price Rejection at ₹425–₹432: If price fails to break this zone, consider exiting.

RSI Falls Below 68: Confirms momentum reversal.

USHAMART is a strong candidate for intraday breakout play today. If you'd like to track this live or compare it with other metal or wire rope sector stocks like Bharat Wire Ropes or Steelcast, I’ve got you covered.

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