Can GOCL turnaround with INHS pattern?

GOCL Limited is a Hinduja Group Company has diverse business presence in segment Explosives, Energetics, Electronics and Reality
From technical charts perspective has formed inverse head and shoulders pattern.
There are two entry opportunities as below both carries risk of 11-12% and we shouldn't allocate big capital on big share.

Entry 1:
istantanea

Entry 2:
istantanea

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Head and Shoulders

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