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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (August 28, 2023 – September 01, 2023)

L&T
L&T
L&T closed the previous week on a negative note losing 5.18%.

Technically, L&T share price will see immediate support at 2,585.63 and immediate resistance would be seen at 2,728.98.

If L&T share price closes below immediate support of 2,585.63, then sharp breakdown can be seen. L&T share price will see major support at 2,532.87 for the week.

On the positive side, immediate resistance will be seen at 2,728.98. Closing above 2,728.98, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 2,819.57 for the week.

Trading range for L&T share price for this week should be between 2,442.28 on down side and 2,872.33 on up side.

L&T Previous Week High: 2766.8

L&T Previous Week Low: 2623.45

L&T Previous Week Range: 143.35 Points

L&T share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 2,872.33
Resistance 2 2,819.57
Resistance 1 2,728.98
Support 1 2,585.63
Support 2 2,532.87
Support 3 2,442.28

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