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:


Entry 2:


DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your judgment while investing/Trading decisions.
Seek help of your financial advisor before investing/trading.

Investment Warnings:
We would like to draw your attention to the following important investment warnings.

-Investment is subject to market risks.
-The value of shares and investments and the income derived from them can go down as well as up.
-Investors may not get back the amount they invested - losing one's shirt is a real risk.
-Past performance is not a guide to future performance.
-I may or may not trade this analysis
--------------------------(((((LIKE)))))-------------------------------