Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-06 View latest technical analysis

10 day averaged volume of Shemaroo Entertainment is 204294

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	146.72	151.30	153.72	145.60	0.31 times
05 Mon Aug 2024	149.07	157.58	159.99	148.65	0.633 times
02 Fri Aug 2024	160.80	154.40	166.60	151.00	1.354 times
01 Thu Aug 2024	154.29	159.70	160.26	154.00	0.517 times
31 Wed Jul 2024	158.92	168.00	168.00	157.90	1.117 times
30 Tue Jul 2024	169.11	163.00	170.50	162.56	0.638 times
29 Mon Jul 2024	163.36	162.80	166.85	162.40	0.189 times
26 Fri Jul 2024	162.66	163.00	168.00	161.45	0.319 times
25 Thu Jul 2024	161.46	168.95	176.60	160.10	1.378 times
24 Wed Jul 2024	168.59	151.90	175.20	151.50	3.43 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 149.2, but if it comes above 149.2, then a intra day buy could be more profitable.
If you take a sell trade below 149.2, then use 149.2 as stoploss and 141.2 as target. However if you take a buy trade in stock , then use 149.2 as stoploss and 155.91 as target.

Share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Target	128.70
Downside Target	139.45
Downside Target	144.10
Upside Target	151.00
Upside Target	158.00
Upside Target	166.60
Upside Target	170.50
Upside Target	173.15
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	141.55
Downside Intraday Target	136.38
Upside Intraday Target	155.94
Upside Intraday Target	165.16
Upside Intraday Target	150.77

Weekly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	146.72	157.58	159.99	145.60	0.247 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
19 Fri Jul 2024	156.60	149.20	173.15	146.12	6.038 times
12 Fri Jul 2024	148.14	158.00	158.00	146.01	0.334 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
06 Tue Aug 2024	146.72	159.70	166.60	145.60	0.162 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 down 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shemaroo Entertainment ( (SHEMAROO) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

Shemaroo Entertainment Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Shemaroo Entertainment in short term and SELL 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 162.49 and Shemaroo Entertainment (SHEMAROO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.