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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (January 01, 2024 – January 05, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 2.30%.

Technically, L&T share price will see immediate support at 3,482.65 and immediate resistance would be seen at 3,564.65.

If L&T share price closes below immediate support of 3,482.65, then sharp breakdown can be seen. L&T share price will see major support at 3,439.30 for the week.

On the positive side, immediate resistance will be seen at 3,564.65. Closing above 3,564.65, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,603.30 for the week.

Trading range for L&T share price for this week should be between 3,400.65 on down side and 3,646.65 on up side.

L&T Previous Week High: 3559.95

L&T Previous Week Low: 3477.95

L&T Previous Week Range: 82 Points

L&T share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 3,646.65
Resistance 2 3,603.30
Resistance 1 3,564.65
Support 1 3,482.65
Support 2 3,439.30
Support 3 3,400.65
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