WELENT has been rising the past week on account of its dividend issuance. The Ex-Dividend day is on 11-06-2020 i.e Thursday.
Prices usually tend to correct themselves on this day.
Look to SHORT below 69.6 which is just below a resistance zone.
TGT1: 68.65
TGT2: 67.65
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Prices usually tend to correct themselves on this day.
Look to SHORT below 69.6 which is just below a resistance zone.
TGT1: 68.65
TGT2: 67.65
NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Order cancelled:
Unfortunately, shorting (MIS) banned for this stock on Zerodha.
Comment:
Both targets @1.25% and @2.80% from short entry hit.