Usha Martin Limited
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USHA MARTIN – Weekly Structure Snapshot

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A clean White CT that had acted as a multi-month resistance is now being engaged. Price is attempting to push above it, but the current candle is still developing — small-bodied so far, which is typical during early phases of structural tests on the weekly timeframe (WTF).

🟧 Just above lies a wick-based hindrance — a level that previously reacted with strong rejection. It's also where the current active CT had its last struggle, making it a structurally relevant zone, not something to ignore.

The base that formed in the ₹270–290 region stands out — multiple rejections without deeper breakdowns, a sign of demand stability. Volume expansion this week is notable — especially after 252 days of subdued activity — marking a shift in participation worth observing.

📌 This is not a prediction. Not a forecast. Not a trading call.
Just a structural walkthrough of what price is doing — and where attention has historically been paid.
Let the price write the story — our job is to read structure, not write headlines.

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