Meesho Limited (MEESHO) — base & breakout chart
Retail · EcommerceStock page
Where it stands
- Stage
- Forming
- Pivot
- ₹254.40
- Price
- ₹216.83
- RS
- not measured
14.8% to go±25%
Turnover ₹292 Cras of 28 Sept 2026
Trend
- Above 50-day: yes
- Above 150-day: yes
- Above 200-day: yes
- 150-day over 200-day: yes
- Trend template met: yes
Institutions net sold ₹3,600 cr (106 buy / 11 sell)16 analysts cover it — consensus hold
Price chart with bases
1st base on record. The current one is still forming, 14.8% under its ₹254.40 pivot.
Price chart of MEESHO, 200 daily bars from 2025-12-10 to 2026-09-28, with 1 bases shaded. Every base is listed in the table below.
Base history
Every base the detector recorded for this stock, newest first. Select one to highlight it on the chart.
| Base | Formed | Base age | Depth | Pivot | Contractions | Squats / pokes | Outcome |
|---|---|---|---|---|---|---|---|
| 18 Dec 2025 – 28 Sept 2026 | 39w | 50.6% | ₹254.40 | 4(last 7.3%) | 0 / 0 | FormingIPO base |
What this chart shows
Meesho Limited (MEESHO) is building a base: a stretch in which its price has moved sideways instead of trending. This one began on 18 Dec 2025 and has lasted about 39 weeks so far. Its ceiling — the highest price inside the base, which traders call the pivot — is ₹254.40. The last close on 28 Sep 2026 was ₹216.83, 14.8% below that ceiling. From its highest point to its lowest, the base is 50.6% deep. Inside it the price has pulled back four times, each pullback shallower than the one before. In our four-stage lifecycle it is currently "forming": still building its base, below the ceiling.
The last close is above its 50-day, 150-day and 200-day averages — the average closing price over the last 50, 150 and 200 trading sessions, which people use to judge the longer trend. The 150-day average is itself above the 200-day average.
Since our base records begin (April 2024), we have found one base in MEESHO. It has not broken out above its ceiling. The current base is still forming, so it has no outcome yet.
How to read this page: a base is a stretch of weeks or months in which a stock stops trending and moves sideways within a range. The top of that range is its ceiling, which traders call the pivot; a close above it is what we count as a breakout. Relative strength compares a stock's price performance over the past year with every other stock we track, on a scale of 1 to 99. All of this describes what the price has already done. It is not a recommendation to buy or sell, and it does not predict what the price will do next. Our price history begins in 2020, so any "high" on this page means the highest price since 2020.
How to read it
- Shaded box — a base: the stretch where the stock stopped trending and traded sideways, from its high (the pivot) down to its lowest low.
- Line at the top of the box — the pivot, the price a close has to clear for the base to resolve upward. It runs on to the breakout, or to today for a base still forming.
- Arrow under a candle — the breakout day, with that day's volume as a multiple of the base's own average.
- P and S — a failed poke (traded above the pivot but closed back under it) and a squat (closed just under the pivot on light volume).
Prices are adjusted for splits and bonuses. Our price history starts in 2020, so any high mentioned here is a high since 2020, not an all-time high. Base detection describes past price and volume; it is for research and education, is not investment advice, and no pattern predicts future returns.