Meesho technical analysis

According to the latest Pivot data, Meesho’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹160.28, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹161.83, ₹164.34, and ₹165.89, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹157.77, ₹156.22, and ₹153.71, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Meesho’s price movement.