RS have performed on their financial results very well on the previous fiscal year. That reflects on their technical chart with WTZ cross pattern. We may prepare the trading plan as the follow.
Trend was likely to be reversal when it shows two higher bottom and 19.0 breakout with peak volume and a gap up afterwards. This is kind of the uptrend confirmation. The target are predicted from the cluster of Fibonacci extension and projection which accidentally equal the peak volume price level in the past months.
