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Mantubora
Apr 26, 2021 1:11 AM

cochin shipyard bearish. 340 support Short

COCHIN SHIPYARD LTDNSE

Description

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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