The company manufactures the body parts of vehicles. The vehicle market is rising day by day and the major breakout came apart of it.
Here we are discussing the reason behind the breakout.
= The Stock is facing a major resistance from 6 years on 30.65 = The company manufactures the body of vehicles. = The stock is forming cup and handle pattern.
The stock already crossed the level of 30 and it is in the positive rally.