L&T Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

L&T closed the previous week on a negative note losing 4.61%

Technically, L&T share price will see immediate support at 2,576.25 and immediate resistance would be seen at 2,699.60

If L&T share price closes below immediate support of 2,576.25, then sharp breakdown can be seen. L&T share price will see major support at 2,502.95 for the week.

On the positive side, immediate resistance will be seen at 2,699.60. Closing above 2,699.60, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 2,749.65 for the week.

Trading range for L&T share price for this week should be between 2,452.90 on down side and 2,822.95 on up side.

L&T Previous Week High: 2676.35

L&T Previous Week Low: 2553

L&T Previous Week Range: 123.35 Points

L&T share price support and resistance for the week (July 31, 2023 – August 04, 2023)