The short-term outlook for Meesho has turned bullish. The stock has surged over 8 per cent on Tuesday and has closed on a strong note. This rise has happened after a strong base formation around ₹165 over the last three weeks. It also marks the end of the downtrend that has persisted since May. A cluster of supports is there in the ₹180-₹175 region. Below that, ₹170 is the next strong support.

Meesho’s share price can rise to ₹215 in the next few weeks. Traders can buy Meesho shares now at ₹187. Accumulate on dips at ₹178. Keep the stop-loss at ₹168. Trail the stop-loss to ₹192 as soon as the stock reaches ₹196. Revise the stop-loss higher to ₹198 and ₹205 when the price touches ₹203 and ₹209, respectively. Exit the long positions at ₹212.

Video Credit: Businessline

(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)

Published on June 24, 2026