KIMS has moved really well, gave 11% move within a few days.
Idea: KIMS
Idea: KIMS
Krishna Institute of Medical Sciences Limited stock forum
KIMS
As of the close on Monday, May 19, 2025, Krishna Institute of Medical Sciences Ltd (NSE: KIMS) traded at ₹645.10, marking a 0.75% increase from the previous session.
📊 15-Minute Timeframe Technical Overview
Analyzing the 15-minute chart, the stock exhibits a mild bearish trend:
Price Action: The current price is ₹535.65.
Moving Averages:
The 5-period Weighted Moving Average (WMA) is at ₹535.65.
The 15-period WMA stands at ₹536.93.
The 100-period WMA is at ₹542.10.
The 15-period WMA trending below the 100-period WMA indicates a bearish crossover.
Trend Analysis: Both the 5 and 15 WMAs are on a downward trajectory, suggesting a mild bearish sentiment in the short term.
🔍 Technical Indicators
Relative Strength Index (RSI): The 14-day RSI is approximately 54.7, indicating a neutral momentum without being overbought or oversold.
Volume: The trading volume is around 507,339 shares, significantly higher than the 20-day average of 91,758 shares, pointing to increased market activity.
📈 Support and Resistance Levels
Support: ₹640.00 – a level where buyers have previously shown interest.
Resistance: ₹650.00 – a recent high that may act as a barrier to upward movement.
🔭 Outlook
The current indicators suggest a cautious approach:
If the price sustains above ₹640.00, there may be potential for a rebound towards ₹650.00.
Conversely, a drop below ₹640.00 could lead to further declines, possibly testing lower support levels.
As of the close on Monday, May 19, 2025, Krishna Institute of Medical Sciences Ltd (NSE: KIMS) traded at ₹645.10, marking a 0.75% increase from the previous session.
📊 15-Minute Timeframe Technical Overview
Analyzing the 15-minute chart, the stock exhibits a mild bearish trend:
Price Action: The current price is ₹535.65.
Moving Averages:
The 5-period Weighted Moving Average (WMA) is at ₹535.65.
The 15-period WMA stands at ₹536.93.
The 100-period WMA is at ₹542.10.
The 15-period WMA trending below the 100-period WMA indicates a bearish crossover.
Trend Analysis: Both the 5 and 15 WMAs are on a downward trajectory, suggesting a mild bearish sentiment in the short term.
🔍 Technical Indicators
Relative Strength Index (RSI): The 14-day RSI is approximately 54.7, indicating a neutral momentum without being overbought or oversold.
Volume: The trading volume is around 507,339 shares, significantly higher than the 20-day average of 91,758 shares, pointing to increased market activity.
📈 Support and Resistance Levels
Support: ₹640.00 – a level where buyers have previously shown interest.
Resistance: ₹650.00 – a recent high that may act as a barrier to upward movement.
🔭 Outlook
The current indicators suggest a cautious approach:
If the price sustains above ₹640.00, there may be potential for a rebound towards ₹650.00.
Conversely, a drop below ₹640.00 could lead to further declines, possibly testing lower support levels.
KIMS #KIMS
Good chart structure. All time high closing. Stock has closed above 630 on a
weekly basis, which was its previous high.
Target 685/730
Stop loss 610
I am just representing my views
For educational purposes only.
KIMS Delivery Buy KIMS Above 601 Stop Loss 575 Targets 625-650-675