NSE Stock MEESHO Historical charts - Meesho Limited
Historical charts for Stock MEESHO - Share Meesho Limited trades in NSE
Technical analysis forecast for MEESHO Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT MEESHO MEESHO at this time. Stock is falling and might fall more.
It appears as if MEESHO MEESHO gave a large move recently.
Stock of MEESHO (MEESHO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of MEESHO is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 164.6 as stoploss in an intra day buy trade for a target of 175.35. However, stock will show a bearish move below 164.6.
Tomorrow's movement Prediction of MEESHO is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 166.12
Munafa value: 60
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.
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