Mitesh Thacker, Technical Analyst feels that Wire and Wireless can touch Rs 19.50-20.
Thacker told CNBC-TV18, "I think here Wire and Wireless (WWIL) is bottomed out, though the key breakout happens only when the stock manages to close above Rs 16. We have seen a strong base formation in the range of Rs 16-14. Once it breaks above Rs 16, you could see probably a bigger uptrend unfold in the stock with targets in the range of about Rs 19.50-20.