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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 2024-04-18 View latest technical analysis

10 day averaged volume of Shemaroo Entertainment is 64961

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	160.45	159.95	164.40	158.25	0.991 times
16 Tue Apr 2024	159.25	155.05	162.75	153.90	0.997 times
15 Mon Apr 2024	154.85	153.10	157.85	150.75	0.871 times
12 Fri Apr 2024	155.55	160.50	162.00	154.85	1.055 times
10 Wed Apr 2024	161.40	163.00	164.00	159.10	0.723 times
09 Tue Apr 2024	162.35	159.45	172.05	158.70	2.279 times
08 Mon Apr 2024	160.05	161.00	163.85	158.80	1.004 times
05 Fri Apr 2024	157.45	157.00	158.90	155.80	0.396 times
04 Thu Apr 2024	158.40	158.50	163.00	154.60	0.716 times
03 Wed Apr 2024	157.40	153.00	158.10	149.05	0.754 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 160.5 as stoploss in an intra day sell trade for a target of 152.97. However, stock will show a bullish move above 160.5.

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	150.75
Upside Target	160.50
Upside Target	164.00
Upside Target	164.40
Upside Target	172.05
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	152.67
Downside Intraday Target	144.88
Upside Intraday Target	166.32
Upside Intraday Target	172.18
Downside Intraday Target	158.53

Weekly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	160.45	153.10	164.40	150.75	0.565 times
12 Fri Apr 2024	155.55	161.00	172.05	154.85	1.274 times
05 Fri Apr 2024	157.45	144.10	163.00	144.10	0.768 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

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
18 Thu Apr 2024	160.45	144.10	172.05	144.10	0.284 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shemaroo Entertainment ( (SHEMAROO) ) based on a short 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.

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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 159.27 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.