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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (April 29, 2024 – May 03, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 3.41%.

Technically, L&T share price will see immediate support at 3,542.10 and immediate resistance would be seen at 3,667.15.

If L&T share price closes below immediate support of 3,542.10, then sharp breakdown can be seen. L&T share price will see major support at 3,479.00 for the week.

On the positive side, immediate resistance will be seen at 3,667.15. Closing above 3,667.15, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,729.10 for the week.

Trading range for L&T share price for this week should be between 3,417.05 on down side and 3,792.20 on up side.

L&T Previous Week High: 3666

L&T Previous Week Low: 3540.95

L&T Previous Week Range: 125.05 Points

L&T share price support and resistance for the week (April 29, 2024 – May 03, 2024)

Level Type Value
Resistance 3 3,792.20
Resistance 2 3,729.10
Resistance 1 3,667.15
Support 1 3,542.10
Support 2 3,479.00
Support 3 3,417.05
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