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(SHEMAROO) Shemaroo Entertainment complete technical analysis [charts+indicators] | Buy/Sell Shemaroo Entertainment | (SHEMAROO) share price targets

Complete technical analysis of Shemaroo Entertainment (SHEMAROO) by charts plus indicators, forecast predictions and share price targets for Shemaroo Entertainment (SHEMAROO)

Shemaroo Entertainment trades in NSE in Movies & Entertainment sector.

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Shemaroo Entertainment is 184310

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	158.40	158.50	163.00	154.60	0.252 times
03 Wed Apr 2024	157.40	153.00	158.10	149.05	0.266 times
02 Tue Apr 2024	153.15	149.00	154.85	148.55	0.425 times
01 Mon Apr 2024	148.20	144.10	149.95	144.10	0.318 times
28 Thu Mar 2024	142.90	142.75	152.20	142.10	0.678 times
27 Wed Mar 2024	141.40	147.05	149.05	140.05	0.757 times
26 Tue Mar 2024	146.05	148.60	154.20	145.40	0.388 times
22 Fri Mar 2024	150.80	156.95	156.95	149.15	0.629 times
21 Thu Mar 2024	155.90	160.00	160.50	151.75	1.026 times
20 Wed Mar 2024	156.50	138.55	160.00	138.55	4.988 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 154.8, but if it comes below 154.8, then a intra day sell could be more profitable.
If you take a sell trade below 154.8, then use 154.8 as stoploss and 147.45 as target. However if you take a buy trade in stock , then use 154.8 as stoploss and 163.6 as target.

Share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Target	131.50
Downside Target	136.15
Downside Target	140.05
Downside Target	144.10
Downside Target	152.60
Upside Target	160.50
Upside Target	163.00
Upside Target	164.00
Upside Target	181.20
Upside Target	237.90
Upside Target	240.00

Intraday share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Intraday Target	147.33
Downside Intraday Target	136.27
Upside Intraday Target	166.23
Upside Intraday Target	174.07
Downside Intraday Target	155.17

Weekly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	158.40	144.10	163.00	144.10	0.692 times
28 Thu Mar 2024	142.90	148.60	154.20	140.05	0.245 times
22 Fri Mar 2024	150.80	141.00	160.50	136.15	2.144 times
15 Fri Mar 2024	140.30	153.10	153.80	131.50	1.888 times
07 Thu Mar 2024	153.00	164.00	164.00	148.60	1.074 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	158.40	144.10	163.00	144.10	0.085 times
28 Thu Mar 2024	142.90	161.35	164.00	131.50	0.564 times
29 Thu Feb 2024	160.05	222.75	240.00	154.20	0.367 times
31 Wed Jan 2024	219.75	160.00	237.90	152.60	4.453 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shemaroo Entertainment (SHEMAROO)

Price action analysis of Shemaroo Entertainment ( (SHEMAROO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shemaroo Entertainment ( (SHEMAROO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shemaroo Entertainment ( (SHEMAROO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shemaroo Entertainment ( (SHEMAROO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shemaroo Entertainment stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Shemaroo Entertainment in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shemaroo Entertainment Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shemaroo Entertainment in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shemaroo Entertainment is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 153.18 and Shemaroo Entertainment (SHEMAROO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Shemaroo Entertainment (SHEMAROO) stock. Volume based technical analysis of Shemaroo Entertainment (SHEMAROO) stock is negative.

Shemaroo Entertainment Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.