📈 Stock Name - Shemaroo Entertainment Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 190.
🚨 Disclaimer: This is not a Buy or Sell...
Chart -> Shemaroo Weekly
150 to 178, was a hurdle for the stock after a huge downtrend. But in the last week, it has tried to cross the hurdle with volume sparks. Is the base formed?
CMP: 182
Good range: 150 to 160
Targets: 234, 268 and more
SL: 132, weekly close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am...
Stock Name - Shemaroo Entertainment Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 188
#This is not Buy and Sell recommendation to any one. This is for...
Shemaroo corrected long way from 169.3 on 23/09 to 116.60 on 20/12. Since then, it is creating a healthy consolidation.
Positive Indicators:
1. Trend Breakout: Breakout from a negative trend
2. Positive RSI divergence
3. RSI Crossover with price breaking out of negative trend
After clearing out of 131, next strong resistances are around 135-140. Then on, it has...
Shemaroo
Cmp - 127
Stop - 80 on DCB
Expectation -
T1 - 600
T2 - Open, Review at 600
Expected Holding Period - 480 trading days or earlier for T1
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
