Stock of the day - Meesho Ltd Target Rs. 232 - Religare Broking Ltd
Meesho Ltd
Buy Meesho Ltd CMP (Rs) 216.70 Range* 215-217 SL 208 Target 232

* MEESHO continues to exhibit a strong bullish structure, with price sustaining above its short, medium and long-term moving averages, confirming the prevailing uptrend.
* Price action is consistently forming higher highs and higher lows, while rising volumes during advances reinforce buying strength.
* Momentum indicators remain supportive, with RSI and MACD maintaining positive configurations.
* Investors may consider accumulating the stock within the recommended range.
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SEBI Registration number is INZ00017433
