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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (January 29, 2024 – February 02, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 3.81%.

Technically, L&T share price will see immediate support at 3,522.98 and immediate resistance would be seen at 3,662.63.

If L&T share price closes below immediate support of 3,522.98, then sharp breakdown can be seen. L&T share price will see major support at 3,452.52 for the week.

On the positive side, immediate resistance will be seen at 3,662.63. Closing above 3,662.63, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,731.82 for the week.

Trading range for L&T share price for this week should be between 3,383.33 on down side and 3,802.28 on up side.

L&T Previous Week High: 3661.35

L&T Previous Week Low: 3521.7

L&T Previous Week Range: 139.65 Points

L&T share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 3,802.28
Resistance 2 3,731.82
Resistance 1 3,662.63
Support 1 3,522.98
Support 2 3,452.52
Support 3 3,383.33
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