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 ₹155.1, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹158.6, ₹161.7, and ₹165.2, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹152, ₹148.5, and ₹145.4, 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.