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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (February 19, 2024 – February 23, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 3.97%.

Technically, L&T share price will see immediate support at 3,300.53 and immediate resistance would be seen at 3,435.48.

If L&T share price closes below immediate support of 3,300.53, then sharp breakdown can be seen. L&T share price will see major support at 3,214.32 for the week.

On the positive side, immediate resistance will be seen at 3,435.48. Closing above 3,435.48, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,484.22 for the week.

Trading range for L&T share price for this week should be between 3,165.58 on down side and 3,570.43 on up side.

L&T Previous Week High: 3398

L&T Previous Week Low: 3263.05

L&T Previous Week Range: 134.95 Points

L&T share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 3,570.43
Resistance 2 3,484.22
Resistance 1 3,435.48
Support 1 3,300.53
Support 2 3,214.32
Support 3 3,165.58
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