Mantubora

cochin shipyard bearish. 340 support

Short
NSE:COCHINSHIP   COCHIN SHIPYARD LTD
A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis , a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
In this case, we have a conviction of a bearish trend .

wait for trend to break 340.
318/305 are close targets.

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