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₹239.0
+8.1 (+3.51%)
⚠️ NOT A TRADE RECOMMENDATION: These stock metrics and intraday signals are algorithmically generated based on quantitative characteristics that may be relevant to trading. Inclusion or analysis does not mean BUY, SELL or HOLD. This drilldown is a starting point for independent research, not a prediction of future price movement. Markets involve substantial risk, and you may lose some or all of your trading capital.

📊 Technical Price Chart

✨ Multi-Timeframe Trading Setup & Insights

Engine: Gemini (gemini-2.5-flash)

Market Analysis Summary:

"MEESHO exhibits strong bullish momentum across all timeframes, driven by robust sales growth and positive market sentiment. Technical indicators confirm an established uptrend, with the stock approaching its 52-week high. Outperformance against a weak Nifty underscores its strength and resilience."

Intraday (1 Day) BUY
Conviction: 8/10
Rationale: Using intraday checkpoints: Revalidated using checkpoints up to 15:31. MEESHO has shown strong intraday momentum, rising +3.51% for the day and outperforming Nifty. While the latest checkpoint at 15:31 shows a slight pullback from the day's peak (from +4.95% at 14:02 to +3.30%), the stock is still trading near its day's high and above its opening price. The current price (₹239.0) is just below VWAP (₹239.65), offering a potential entry for a bounce towards day's high (₹242.88). The pullback presents a better risk-reward for an end-of-day momentum play or carry-forward, assuming market sentiment holds. A tight stop loss below the current minor support area is crucial.
Entry: ₹238.5 - ₹240.0
SL: ₹236.0
Target: ₹242.5 - ₹244.0
Swing (1-6 Mo) BUY
Conviction: 7/10
Rationale: MEESHO is in a strong uptrend, trading significantly above its 50-day EMA (₹214.31) and other key moving averages. MACD is bullish, ADX confirms a strong trend, and RSI is neutral, indicating room for growth. The overwhelmingly positive corporate news regarding strong sales growth and outperformance in a weak market provides robust fundamental support for continued upward momentum. The stock is approaching its 52-week high (₹254.4), suggesting a potential breakout. Accumulating around current levels or on minor pullbacks (e.g., towards the 9-day EMA at ₹232.13) offers good risk-reward for a move towards and beyond the 52-week high.
Entry: ₹235.0 - ₹240.0
SL: ₹220.0
Target: ₹255.0 - ₹270.0
Long Term (1+ Yr) BUY
Conviction: 9/10
Rationale: MEESHO demonstrates strong long-term growth potential, evidenced by its sustained uptrend above the 200-day EMA (₹189.93) and excellent relative strength against the Nifty. The fundamental drivers, as highlighted by recent news of 75% sales growth and robust festival performance, suggest continued business expansion and market share gains. These positive catalysts are likely to drive sustained investor interest. The stock's proximity to its 52-week high indicates strong momentum for a potential multi-year breakout. Long-term investors should consider accumulating on any significant dips, viewing current strength as a precursor to further substantial appreciation driven by continued fundamental growth and market positioning.
Entry: Accumulate on dips below ₹235.0
SL: ₹200.0
Target: ₹300.0 - ₹350.0

Technical Analysis & Overview:

  • Price Action: LTP ₹239.0 is trading above all significant SMAs and EMAs (9D to 200D), confirming a powerful uptrend. It is currently near its VWAP of ₹239.65, indicating price is well-supported around its average traded price. The stock is 1.6% away from its day high (₹242.88) and 3.15% from its day low (₹231.7), reflecting a strong intraday performance that has seen some profit booking near the close but remains elevated. The Supertrend (10,3) at ₹207.34 is bullish, aligning with the overall uptrend. Price is within the upper half of the Bollinger Bands (Upper ₹246.61, Middle ₹225.86), suggesting positive momentum without being immediately overextended. The stock is also just 6% shy of its 52-week high of ₹254.4.
  • Oscillators & Momentum: MACD shows a clear bullish crossover with Line (6.88) above Signal (6.5) and a positive Histogram (0.38), indicating increasing buying momentum. ADX (31.54) is above 25, coupled with a dominant +DI (30.57) over -DI (14.7), confirming a strong and sustained bullish trend. While RSI(14) at 50.3 is neutral, offering ample room for upward movement, Stochastic %K (85.68) and %D (68.67) are in the overbought zone, which might signal a potential short-term consolidation or minor pullback, but doesn't necessarily invalidate the strong underlying trend given other indicators. CCI(20) at 98.72 also points to strong buying pressure.

News & Sentiment Impact:

The recent corporate news headlines are overwhelmingly positive and serve as strong catalysts for MEESHO's current price rally. Reports of 'mega blockbuster sale sees 75% growth,' 'strong festival sales,' and orders surging 75% demonstrate robust operational performance and increasing market penetration. The emphasis on the stock 'nearing record high in weak market' highlights its fundamental strength and resilience against broader market weakness, positioning it favorably for continued investor interest and potential further appreciation. This positive sentiment provides a solid fundamental underpinning for both medium and long-term bullish outlooks.

⚡ Intraday Live Validation DETERIORATING

Entry Decision
⛔ AVOID
Position Health
⚠️ AT RISK (Tighten SL)
Session VWAP ₹239.65
Peak Drawdown from High -1.6%
Intraday 5m EMA9 / EMA20 ₹240.48 / ₹240.7
Audit Reason: MOMENTUM_PULLBACK (-1.6% off high / Below 5m EMA9 Rs.240.48)

⏱️ Intraday Checkpoints Timeline

09:22 +1.88% (0.05x) ⚪ WAIT 🛡️ HOLD
09:32 +2.34% (0.07x) ⛔ AVOID ⚠️ RISK
10:02 +3.24% (0.13x) 🟢 BUY 🛡️ HOLD
10:32 +2.94% (0.15x) ⚪ WAIT 🛡️ HOLD
11:02 +3.85% (0.23x) ⚪ WAIT 🛡️ HOLD
11:32 +3.66% (0.29x) ⚪ WAIT 🛡️ HOLD
12:02 +4.07% (0.32x) ⚪ WAIT 🛡️ HOLD
12:32 +3.58% (0.35x) 🟢 BUY ⚠️ RISK
13:02 +4.19% (0.39x) ⚪ WAIT 🛡️ HOLD
13:34 +3.69% (0.43x) ⛔ AVOID ⚠️ RISK
14:02 +4.95% (0.53x) ⚪ WAIT 🛡️ HOLD
14:32 +4.94% (0.59x) ⛔ AVOID 🛡️ HOLD
15:02 +4.09% (0.67x) ⛔ AVOID ⚠️ RISK
15:31 +3.30% (0.74x) ⛔ AVOID 🚨 EXIT

📊 Price Action Metrics

Open Price ₹231.7
Day's High ₹242.88
Day's Low ₹231.7
VWAP ₹239.65
Distance from Day's High 1.6%
Distance from Day's Low 3.15%
52-Week High ₹254.4
52-Week Low ₹125.56

📈 Volume & Participation

Current Volume 19619473
20-Day Avg Volume 26215238.05
Relative Volume (RVOL) 0.75x
Nifty 50 Change 1.6%
Relative Strength vs. Nifty 1.9%

🎯 Comprehensive Technical Indicators Matrix Multi-Period SMAs, EMAs, Oscillators, Bands & Real-Time Verdicts

Indicator & Parameters Calculated Value(s) & Multi-Period Signals Verdict & Bias
RSI (14) 50.3 Neutral (45–55)
Average True Range (ATR 14) ₹11.39 (4.77% of Price) High Volatility (Breakout Ready)
Stochastics (14, 3) %K: 85.68 %D: 68.67 Overbought (≥80)
StochRSI (14) %K: 0.0 %D: 18.43 Oversold (≤20)
ADX (14) & DMI ADX: 31.54 +DI: 30.57 -DI: 14.7 Strong Bullish Trend (+DI)
Ultimate Oscillator (UO) 53.65 Bullish
Rate of Change (ROC 12) & Momentum ROC: 3.36% Momentum (10D): ₹23.84 Bullish (+ROC)
Williams %R (14) -14.32 Overbought (≥-20)
MACD (12, 26, 9) MACD: 6.88 Signal: 6.5 Histogram: 0.38 Bullish (Line > Signal)
Supertrend (10, 3) ₹207.34 (Bullish) Bullish Trend
Bollinger Bands (20, 2) Upper: ₹246.61 Mid: ₹225.86 Lower: ₹205.12 Bullish (Above Mid)
Parabolic SAR ₹216.72 Bullish (Price > SAR)
Commodity Channel Index (CCI 20) 98.72 Neutral
Simple Moving Averages (SMAs) 20D: ₹225.86 34D: ₹219.47 50D: ₹211.51 89D: ₹198.73 200D: ₹181.8 Bullish (Price > 20D > 50D)
Exponential Moving Averages (EMAs) 9D: ₹232.13 20D: ₹226.42 34D: ₹220.16 50D: ₹214.31 89D: ₹204.1 200D: ₹189.93 Bullish Stack (Price > 9D > 20D)
TRIX (15) 0.4409% Bullish (>0)

📰 Latest Google News & Corporate Updates

Meesho share price rallies 5%, nears record high in weak market; here's why - Business Standard
Publisher: Business Standard | Published: Mon, 12 Oct 2026 05:21:29
Meesho share price hits 10-month high as orders surge 75% - Zee Business
Publisher: Zee Business | Published: Mon, 12 Oct 2026 08:02:32
MEESHO LIMITED Share Price - Upstox
Publisher: Upstox | Published: Tue, 13 Oct 2026 03:36:08

📚 Technical Indicator & Strategy Definitions

SMAs (Simple Moving Averages): Arithmetic mean of closing prices over multiple trading periods (20D, 34D, 50D, 89D, 200D). Price trading above the 200-day SMA indicates a long-term secular bull trend, while 20D/50D track short-to-medium term institutional support levels.
EMAs (Exponential Moving Averages): Weighted moving averages placing greater priority on recent price bars (9D, 20D, 34D, 50D, 89D, 200D). A progressive stack (EMA 9 > 20 > 50) confirms robust upward momentum and provides dynamic support during pullbacks.
ADX (Average Directional Index - 14) & DMI: Measures trend strength regardless of direction. An ADX value ≥ 25 confirms a strong trending market. Directional Movement (+DI / -DI) indicates which side is in control: +DI > -DI is bullish (buyers dominant), whereas -DI > +DI indicates bearish seller control.
VWAP (Volume Weighted Average Price): The average price weighted by intraday volume. Used as a benchmark by institutional participants; price trading above VWAP indicates intraday buyer control, while trading below VWAP indicates intraday seller pressure.
RSI (Relative Strength Index - 14) & StochRSI: Momentum oscillator measuring speed and magnitude of price movements (0–100). RSI > 70 is overbought; RSI < 30 is oversold; 50–60 signals bullish continuation. StochRSI applies stochastics to RSI to generate early inflection signals for trend shifts.
MACD (Moving Average Convergence Divergence): Trend-following momentum indicator displaying the spread between the 12 and 26-period EMAs against a 9-period signal line. MACD crossing above Signal is bullish; rising histogram bars signal accelerating upward momentum.
RVOL (Relative Volume Ratio): Compares current session volume against the 20-day historical average. RVOL ≥ 2.0x signals abnormal institutional participation, confirming the validity of breakouts and trend expansions.
Bollinger Bands (20, 2): Statistical volatility bands set ±2 standard deviations around a 20-period SMA. Contracting bandwidth ('squeeze') signals an impending explosive breakout, while price walking the upper band confirms aggressive trend expansion.
ATR (Average True Range - 14): Quantifies absolute market volatility in rupee terms over a 14-period lookback. Essential for setting volatility-adjusted trailing stop-losses, target sizing, and detecting range expansions.
Supertrend (10, 3): Volatility-based trend-following indicator calculated with ATR. Provides clear Bullish (green trailing line below price) or Bearish (red line above price) regimes to manage active trade trailing stops.
Stochastic Oscillator (%K, %D): Locates current closing price relative to the 14-period high-low range. Fast line (%K) crossing above smooth line (%D) in oversold territory (<20) confirms a buy reversal signal; crosses above 80 warn of overbought conditions.
CCI (Commodity Channel Index - 20): Measures price variation relative to its statistical average. CCI crossing above +100 signals strong uptrend breakout; crossing below -100 indicates deep downward momentum; zero-line cross marks cycle shifts.
Parabolic SAR (Stop and Reverse): Trailing stop overlay that follows price acceleration. When dots plot below price, the trend is bullish; a flip above price triggers trailing stop protection.
Williams %R (14) & TRIX (15): Williams %R reflects momentum relative to lookback highs (-20 to 0 overbought, -80 to -100 oversold). TRIX is a triple-smoothed EMA rate-of-change oscillator filtering noise to capture major cyclical momentum waves.
Relative Strength (vs. Nifty): Measures the percentage outperformance or underperformance against the benchmark Nifty 50 Index. Positive values identify leading stocks commanding institutional capital flow.
Intraday Regime & Permission Gates: 4-gate hierarchical risk firewall evaluating intraday structure, volume effort vs result at day highs, ATR peak drawdown, and VWAP integrity to prevent buying into collapsing peaks.
Opportunity Score (0 – 100) & Risk Score (0 – 100): Dual independent quantitative ratings: Opportunity Score (≥75 top-tier setup) evaluates momentum, volume, pattern, sector tailwinds, and RS. Risk Score (<50 preferred) evaluates drawdown history, resistance proximity, and volatility.
Setup Archetypes: Algorithmic classification: Breakout Candidate (near 20D/52W high with expansion), Pullback Continuation (EMA20 retest in uptrend), Momentum Continuation (high RS5D + ATR expansion), and Reversal Candidate (extended mean-reversion).