Welspun
Breakout WELSPUN ENTERPRISESDisclaimer :- This is not any buy or sell recommendation. This is just my view on this counter. Kindly consult with your financial or investment advisor before investing. Thank You !!
There is a breakout generated in WELENT with good volume support.
Next Levels as Below :-
1st Resistance :- 140.00
2nd Resistance :- 175.00
3rd Resistance :- 195.00
Support Level :- 85.00
Happy Trading ! Happy Investing !! :) Thank You !!!
WELSPUN ENTERPRISE Dividend CorrectionWELENT 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.
Welspun ind triangle breakoutBased on the triangle break out Welspun target looks to be 92. Also 92 looks to be the immediate resistance point since it was the previous peak
Welspun triange break-outBased on the triangle break out at 72.6, Welspun should touch to 92 ..... Also the previous peak is at 92 which acts as an immediate resistance zone