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Krishna Institue of Medical Science (KIMS) finally breaks its multiple time tested resistance and has given a beautiful breakout above 1310-1320,as per price action we dont have any resistance but as per fibonacci pivots we have 2 resistances at 1396 and 1543 .one can take entry on their own analysis as the risk reward ratio looks favourable.The momentum can be quick and fast as the new IPO stocks have low volumes and are quite highly volatile.

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