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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (October 09, 2023 – October 13, 2023)

L&T
L&T
L&T closed the previous week on a negative note losing 4.01%.

Technically, L&T share price will see immediate support at 3,017.52 and immediate resistance would be seen at 3,142.42.

If L&T share price closes below immediate support of 3,017.52, then sharp breakdown can be seen. L&T share price will see major support at 2,941.33 for the week.

On the positive side, immediate resistance will be seen at 3,142.42. Closing above 3,142.42, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,191.13 for the week.

Trading range for L&T share price for this week should be between 2,892.62 on down side and 3,267.32 on up side.

L&T Previous Week High: 3114.95

L&T Previous Week Low: 2990.05

L&T Previous Week Range: 124.9 Points

L&T share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 3,267.32
Resistance 2 3,191.13
Resistance 1 3,142.42
Support 1 3,017.52
Support 2 2,941.33
Support 3 2,892.62
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