USHAMART - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 4.2
| Stock Code | USHAMART | Market Cap | 14,231 Cr. | Current Price | 467 ₹ | High / Low | 498 ₹ |
| Stock P/E | 36.4 | Book Value | 58.7 ₹ | Dividend Yield | 0.64 % | ROCE | 30.0 % |
| ROE | 23.5 % | Face Value | 1.00 ₹ | DMA 50 | 447 ₹ | DMA 200 | 421 ₹ |
| Chg in FII Hold | 0.15 % | Chg in DII Hold | 0.70 % | PAT Qtr | 138 Cr. | PAT Prev Qtr | 84.0 Cr. |
| RSI | 54.8 | MACD | 8.17 | Volume | 3,07,208 | Avg Vol 1Wk | 3,56,229 |
| Low price | 302 ₹ | High price | 498 ₹ | PEG Ratio | 1.63 | Debt to equity | 0.00 |
| 52w Index | 84.4 % | Qtr Profit Var | 76.8 % | EPS | 11.6 ₹ | Industry PE | 22.5 |
📊 Chart Patterns & Trend: USHAMART is trading above both its 50 DMA (447 ₹) and 200 DMA (421 ₹), showing strong bullish momentum. Price action indicates an uptrend with consolidation near the 498 ₹ high. Trend bias remains bullish with potential continuation.
📈 Moving Averages: Current price (467 ₹) is comfortably above both DMA levels, confirming upward momentum. Sustained trading above 450 ₹ strengthens bullish outlook.
⚖️ RSI: At 54.8, RSI is neutral-to-positive, suggesting room for further upside without being overbought.
📉 MACD: Positive at 8.17, confirming bullish undertone and signaling continuation of upward momentum.
📊 Bollinger Bands: Price is near the upper band, indicating strong buying interest. A minor pullback could occur before further breakout.
📦 Volume Trends: Current volume (3,07,208) is slightly below 1-week average (3,56,229), suggesting momentum is intact but requires stronger participation for breakout above 498 ₹.
🎯 Entry Zone: 450–460 ₹ (near 50 DMA support).
🚪 Exit Zone: 490–500 ₹ (near resistance and 52-week high).
📌 Momentum Signal: Short-term bullish trend with consolidation near highs. A breakout above 498 ₹ could trigger fresh rally.
Positive
- ✅ Strong ROCE (30.0%) and ROE (23.5%) reflect efficient capital deployment.
- ✅ Debt-free balance sheet (0.00 debt-to-equity) ensures financial strength.
- ✅ Quarterly PAT growth (76.8%) highlights robust earnings momentum.
Limitation
- ⚠️ High P/E (36.4) compared to industry PE (22.5) suggests premium valuation.
- ⚠️ Dividend yield (0.64%) is modest, limiting income appeal.
- ⚠️ Volume slightly below average, requiring stronger participation for sustained breakout.
Company Negative News
- 📉 Stock faces resistance near 498 ₹, risking short-term pullback.
- 📉 Valuation stretched compared to industry peers.
Company Positive News
- 📈 PAT surged from 84 Cr. to 138 Cr. quarter-on-quarter.
- 📈 FII holdings increased by 0.15% and DII holdings by 0.70%, showing institutional confidence.
Industry
- 🏭 Industry PE at 22.5 indicates sector is moderately valued compared to USHAMART’s premium.
- 🏭 PEG ratio at 1.63 suggests growth is reasonably aligned with valuation.
Conclusion
🔎 USHAMART is in a bullish trend with consolidation near highs. Entry near 450–460 ₹ offers favorable risk-reward, while resistance at 490–500 ₹ should be watched for exits. A breakout above 498 ₹ could trigger fresh upside momentum. Investors should monitor volume strength for confirmation of sustained rally.