Signals, Powered By EquityPandit
L&T closed the previous week on a negative note losing 5.25%.
Technically, L&T share price will see immediate support at 3,275.63 and immediate resistance would be seen at 3,455.63.
If L&T share price closes below immediate support of 3,275.63, then sharp breakdown can be seen. L&T share price will see major support at 3,172.82 for the week.
On the positive side, immediate resistance will be seen at 3,455.63. Closing above 3,455.63, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,532.82 for the week.
Trading range for L&T share price for this week should be between 3,095.63 on down side and 3,635.63 on up side.
L&T Previous Week High: 3430
L&T Previous Week Low: 3250
L&T Previous Week Range: 180 Points
L&T share price support and resistance for the week (December 11, 2023 – December 15, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 3,635.63 |
| Resistance 2 | 3,532.82 |
| Resistance 1 | 3,455.63 |
| Support 1 | 3,275.63 |
| Support 2 | 3,172.82 |
| Support 3 | 3,095.63 |
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