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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 2024-11-13 View latest technical analysis

10 day averaged volume of Shemaroo Entertainment is 40567

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	154.59	163.70	163.70	152.21	1.041 times
12 Tue Nov 2024	160.67	160.00	171.83	159.00	2.063 times
11 Mon Nov 2024	159.17	164.00	164.00	158.20	0.586 times
08 Fri Nov 2024	164.34	161.50	165.50	159.29	0.757 times
07 Thu Nov 2024	161.00	164.30	166.39	160.10	0.433 times
06 Wed Nov 2024	163.88	162.35	165.70	161.64	0.848 times
05 Tue Nov 2024	162.29	160.60	164.00	160.10	0.616 times
04 Mon Nov 2024	159.64	166.60	166.65	158.20	1.218 times
01 Fri Nov 2024	167.00	167.65	168.90	164.00	0.222 times
31 Thu Oct 2024	164.98	164.00	168.29	162.51	0.933 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 156.9, but if it comes above 156.9, then a intra day buy could be more profitable.
If you take a sell trade below 156.9, then use 156.9 as stoploss and 150.3 as target. However if you take a buy trade in stock , then use 156.9 as stoploss and 162.49 as target.

Share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Target	144.20
Downside Target	151.54
Upside Target	158.20
Upside Target	165.50
Upside Target	171.83
Upside Target	172.79
Upside Target	173.60
Upside Target	176.33
Upside Target	176.60
Upside Target	191.65
Upside Target	209.00
Upside Target	215.00

Intraday share price targets for Shemaroo Entertainment (SHEMAROO)

Target Type	Value
Downside Intraday Target	147.26
Downside Intraday Target	139.92
Upside Intraday Target	166.88
Upside Intraday Target	179.16
Upside Intraday Target	159.54

Weekly technical analysis of Shemaroo Entertainment (SHEMAROO)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	154.59	164.00	171.83	152.21	0.953 times
08 Fri Nov 2024	164.34	166.60	166.65	158.20	0.565 times
01 Fri Nov 2024	167.00	160.10	172.79	151.54	0.895 times
25 Fri Oct 2024	157.72	171.36	173.60	151.80	0.662 times
18 Fri Oct 2024	171.36	185.95	191.65	165.50	0.796 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
13 Wed Nov 2024	154.59	167.65	171.83	152.21	0.134 times
31 Thu Oct 2024	164.98	198.80	209.00	151.54	0.216 times
30 Mon Sep 2024	198.53	163.50	215.00	160.80	6 times
30 Fri Aug 2024	162.75	159.70	176.33	145.60	0.51 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 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 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 neutral. A longer time frame might give a better analysis.

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

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

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 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 SELL signal in short term and selling is picking up 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 161.08 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.