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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (April 15, 2024 – April 19, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 4.30%.

Technically, L&T share price will see immediate support at 3,619.18 and immediate resistance would be seen at 3,783.63.

If L&T share price closes below immediate support of 3,619.18, then sharp breakdown can be seen. L&T share price will see major support at 3,559.12 for the week.

On the positive side, immediate resistance will be seen at 3,783.63. Closing above 3,783.63, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,888.02 for the week.

Trading range for L&T share price for this week should be between 3,454.73 on down side and 3,948.08 on up side.

L&T Previous Week High: 3827.95

L&T Previous Week Low: 3663.5

L&T Previous Week Range: 164.45 Points

L&T share price support and resistance for the week (April 15, 2024 – April 19, 2024)

Level Type Value
Resistance 3 3,948.08
Resistance 2 3,888.02
Resistance 1 3,783.63
Support 1 3,619.18
Support 2 3,559.12
Support 3 3,454.73
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