Is it possible to get alert when a specific folder access denied?

Is it possible to get alert when a specific folder access denied?

Hello,

I have been trying to get alerts when a specific network share folder access denied for a few hours. I was wondering if anybody tried this before and have a quick answer for me.
I can watch the location using "Share Path" option on the alerts but I cannot find how to set access denied.

Thanks,

D.

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