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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 2024-04-30 View latest technical analysis

10 day averaged volume of Shemaroo Entertainment is 124054

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	168.30	165.25	171.90	164.25	0.999 times
29 Mon Apr 2024	162.80	167.20	168.75	161.80	2.032 times
26 Fri Apr 2024	170.35	169.20	172.00	165.60	0.829 times
25 Thu Apr 2024	170.25	174.00	174.80	169.00	0.761 times
24 Wed Apr 2024	172.70	162.45	184.25	162.15	4.086 times
23 Tue Apr 2024	163.05	160.50	163.80	160.10	0.241 times
22 Mon Apr 2024	160.50	159.50	162.40	159.10	0.184 times
19 Fri Apr 2024	158.50	159.35	162.00	155.15	0.37 times
18 Thu Apr 2024	160.45	159.95	164.40	158.25	0.519 times
16 Tue Apr 2024	159.25	155.05	162.75	153.90	0.522 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 166.7, but if it comes below 166.7, then a intra day sell could be more profitable.
If you take a sell trade below 166.7, then use 166.7 as stoploss and 160.75 as target. However if you take a buy trade in stock , then use 166.7 as stoploss and 173.8 as target.

Share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Target	131.50
Downside Target	144.10
Downside Target	150.75
Downside Target	159.10
Downside Target	164.40
Upside Target	171.90
Upside Target	172.05
Upside Target	181.20
Upside Target	184.25
Upside Target	237.90
Upside Target	240.00

Intraday share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Intraday Target	162.77
Downside Intraday Target	157.23
Upside Intraday Target	172.87
Upside Intraday Target	177.43
Downside Intraday Target	167.33

Weekly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	168.30	167.20	171.90	161.80	0.497 times
26 Fri Apr 2024	170.35	159.50	184.25	159.10	3.268 times
19 Fri Apr 2024	158.50	153.10	164.40	150.75	0.704 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

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
30 Tue Apr 2024	168.30	144.10	184.25	144.10	0.717 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 neutral. A longer time frame might give a better analysis.

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 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 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 167.81 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.