Is SHEMAROO ENTERTAINMENT in uptrend or downtrend?

In the short term price movements in SHEMAROO share indicates the market is Bearish but has taken halt for sometime.

What is SHEMAROO ENTERTAINMENT share price forecast for tomorrow?

In Shemaroo Entertainment Limited stock current resistance level is at 106 and support level is at 92. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bearish.

What are SHEMAROO ENTERTAINMENT support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Shemaroo Entertainment Limited in the short-term, the supply zone around 106 and 110. Hence, good chances of resistance around 110. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Shemaroo Entertainment Limited share is around 92 and 90. Hence, good chances for support around 90.

Why is SHEMAROO ENTERTAINMENT share price falling today?

Latest analysis on SHEMAROO stock suggest, as per it's price structure, it is making lower highs and lower lows on intraday charts. This represents a bearish trend. That's why SHEMAROO stock is having a fall today. Perhaps it's worth looking at the long-term and mid-term trend analysis of SHEMAROO stock to understand the overall trend.

SHEMAROO ENTERTAINMENT Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data