As explained, the level of 1600 is a crucial resistance for the stock on daily as well as weekly time frames. LT is a good stock to keep in your portfolio for long term, too. Just for educational purpose.
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After breakout, it has retested the support of 1590-1600 which was once acting a strong supply zone and bounced back. Looking very bullish.
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Double bottom reversal from supply zone. Can add more if possible.