MEESHOMeesho LimitedNSE:MEESHOvinithshah9After blockbuster IPO listing, MEESHO took a dip of approx 50% from top and then formed a base around 125-35 above its IPO price of 111. That seems like buyers doesnt want it to go below IPO price. And from that low it is up by 35%++. So the stock is in momentum now and created short term base nr 157. Quite a good risk-reward trade it seems. I believe in short term 157 is strong momentum support and on upper side the stock has a quite big room. If it closes above 172 then I won't be surprised if the stock make ATH in upcoming times. Do your due diligence.