WELSPUN ENTERPRISE Dividend Correction

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.
Order cancelled: Unfortunately, shorting (MIS) banned for this stock on Zerodha.
Comment: Both targets @1.25% and @2.80% from short entry hit.


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