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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 2024-08-12 View latest technical analysis

10 day averaged volume of Shemaroo Entertainment is 110541

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	153.14	157.59	157.59	152.99	0.219 times
09 Fri Aug 2024	156.75	154.20	162.01	152.61	0.54 times
08 Thu Aug 2024	153.35	154.60	154.60	151.10	0.176 times
07 Wed Aug 2024	154.01	148.02	155.82	146.87	0.488 times
06 Tue Aug 2024	146.72	151.30	153.72	145.60	0.574 times
05 Mon Aug 2024	149.07	157.58	159.99	148.65	1.17 times
02 Fri Aug 2024	160.80	154.40	166.60	151.00	2.503 times
01 Thu Aug 2024	154.29	159.70	160.26	154.00	0.956 times
31 Wed Jul 2024	158.92	168.00	168.00	157.90	2.065 times
30 Tue Jul 2024	169.11	163.00	170.50	162.56	1.178 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 150.6 as stoploss in an intra day buy trade for a target of 156.74. However, stock will show a bearish move below 150.6.

Share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Target	128.70
Downside Target	139.45
Downside Target	144.10
Downside Target	151.00
Upside Target	157.59
Upside Target	162.01
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	151.56
Downside Intraday Target	149.97
Upside Intraday Target	156.16
Upside Intraday Target	159.17
Upside Intraday Target	154.57

Weekly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	153.14	157.59	157.59	152.99	0.074 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
19 Fri Jul 2024	156.60	149.20	173.15	146.12	6.038 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
12 Mon Aug 2024	153.14	159.70	166.60	145.60	0.206 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 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 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 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 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 SELL signal for Shemaroo Entertainment in short term but the sell signal is initial and weak.

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 red color and prices are below the red 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 157.7 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 positive

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