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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (February 26, 2024 – March 01, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 3.85%.

Technically, L&T share price will see immediate support at 3,307.27 and immediate resistance would be seen at 3,438.32.

If L&T share price closes below immediate support of 3,307.27, then sharp breakdown can be seen. L&T share price will see major support at 3,226.58 for the week.

On the positive side, immediate resistance will be seen at 3,438.32. Closing above 3,438.32, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,488.68 for the week.

Trading range for L&T share price for this week should be between 3,176.22 on down side and 3,569.37 on up side.

L&T Previous Week High: 3408

L&T Previous Week Low: 3276.95

L&T Previous Week Range: 131.05 Points

L&T share price support and resistance for the week (February 26, 2024 – March 01, 2024)

Level Type Value
Resistance 3 3,569.37
Resistance 2 3,488.68
Resistance 1 3,438.32
Support 1 3,307.27
Support 2 3,226.58
Support 3 3,176.22
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