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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (August 14, 2023 – August 18, 2023)

L&T closed the previous week on a negative note losing 1.74%.

Technically, L&T share price will see immediate support at 2,615.30 and immediate resistance would be seen at 2,661.65.

If L&T share price closes below immediate support of 2,615.30, then sharp breakdown can be seen. L&T share price will see major support at 2,592.10 for the week.

On the positive side, immediate resistance will be seen at 2,661.65. Closing above 2,661.65, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 2,684.80 for the week.

Trading range for L&T share price for this week should be between 2,568.95 on down side and 2,708.00 on up side.

L&T Previous Week High: 2661.6

L&T Previous Week Low: 2615.25

L&T Previous Week Range: 46.35 Points

L&T share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type Value
Resistance 3 2,708.00
Resistance 2 2,684.80
Resistance 1 2,661.65
Support 1 2,615.30
Support 2 2,592.10
Support 3 2,568.95

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