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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 2024-08-22 View latest technical analysis

10 day averaged volume of Shemaroo Entertainment is 52635

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	160.71	161.70	164.20	160.15	0.912 times
21 Wed Aug 2024	161.78	159.50	165.11	158.13	1.101 times
20 Tue Aug 2024	158.83	157.75	161.19	157.01	0.707 times
19 Mon Aug 2024	158.80	162.46	164.74	156.30	1.024 times
16 Fri Aug 2024	162.36	154.00	164.55	154.00	2.926 times
14 Wed Aug 2024	154.14	150.00	155.40	149.05	0.697 times
13 Tue Aug 2024	149.59	153.90	155.42	148.11	0.556 times
12 Mon Aug 2024	153.14	157.59	157.59	152.99	0.46 times
09 Fri Aug 2024	156.75	154.20	162.01	152.61	1.134 times
08 Thu Aug 2024	153.35	154.60	154.60	151.10	0.37 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 163 as stoploss in an intra day sell trade for a target of 157.49. However, stock will show a bullish move above 163.

Share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Target	128.70
Downside Target	139.45
Downside Target	144.10
Upside Target	162.01
Upside Target	164.55
Upside Target	165.11
Upside Target	166.60
Upside Target	170.50
Upside Target	174.40
Upside Target	176.60
Upside Target	184.25

Intraday share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Intraday Target	156.3
Downside Intraday Target	151.9
Upside Intraday Target	165.11
Upside Intraday Target	169.52
Downside Intraday Target	160.71

Weekly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	160.71	162.46	165.11	156.30	0.807 times
16 Fri Aug 2024	162.36	157.59	164.55	148.11	0.749 times
09 Fri Aug 2024	156.75	157.58	162.01	145.60	0.418 times
02 Fri Aug 2024	160.80	162.80	170.50	151.00	0.616 times
26 Fri Jul 2024	162.66	156.50	176.60	144.20	1.111 times

Price has moved down 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
22 Thu Aug 2024	160.71	159.70	166.60	145.60	0.323 times
31 Wed Jul 2024	158.92	145.70	176.60	144.20	4.707 times
28 Fri Jun 2024	144.89	143.35	154.00	128.70	0.53 times
31 Fri May 2024	140.55	170.80	174.40	139.45	0.73 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 to mid 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 mid to longer 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.

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 and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 158.81 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 positive

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