Chart showing Stock is ready for HH-HL patternLooking at the chart, it is showing positive sign of stock is going to make HIGHER HIGH HIGHER LOW pattern
SHEMAROO trade ideas
a good RR ratio swing trade
channel pattern with horizontal support
candle closing above channel not yet but we can initiate a trade with small quantity & after closing with bullish candle we can add remain quantities.
stop loss, entry & exit mention in chart.
Shemaroo - Trend ReversalShemaroo 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 a huge upside potential with targets of 153, 165, 175 and then it will be in open chart area.
SL: 115
Shemaroo D chart. Sitting at support. Can be a good entry at CMPIf look at Shemaroo D chart. Its sitting at support level. Can be a good entry at CMP for swing trade. Just for education purposes.
TRENDLINE BREAKOUT SHEMAROO Daily: CMP looks good for more upside
1) Trendline Breakout
2) Target 1 - 151, Target 2 - 176
range and volume contractionrange and volume has contracted. Price is near gap and 50 DEMA support. If holds 84 then it has potential to give multibagger kind of return.
Fundamental : Content is getting actual value in this mobile savy world. Shemaroo has one of the biggest library of content. So good chance of getting acquired by telco or some content aggregator.
Disc : It's not an investment advise to buy or sell.
Long ShemarooShemaroo
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
Shemaroo Ent, started entertaining and rewarding its investors !Stock closed above monthly 20MA...can be considered for any long term investment
Shemaroo entertainment Long above swing high of 90Great Chance of Breakout in Shemaroo entertainment for 15-20% return
SHEMAROOLooks like stock is being accumulated at the current levels, Strong volume is clearly visible. Buy with a SL below 65.
Shemaroo Ent. Keep watch for quick Gain of Approx 20%Target and SL mentioned on Chart,
Only for Educational purpose.
SHEMAROOIt has given closing above 50SMA with good volume. Buy above 77.25, SL- 70.25, Target 8 to 10%. For educational purpose only. Kindly contact your financial advisor before entering any trade.
Shemaroo-Flirting near supportCan be longed with Tiny SL
Buy range
500-510
Target
520
540
560
580
SL below 487 Closing Basis
For Educational purpose only
Shemaroo Entertainment - Catch it early.Shemaroo
CMP 530
Stop 375
Target 650 plus
Satisfies all key high probability setup parameters
Breakout + Volume + RS + MACD
SHEMAROO - Bullish patternCMP 465
Target 500 plus
Stop 430
1) W pattern weekly chart.
2) Minimum target is 500. Prob of going beyond is very high.
