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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (June 03, 2024 – June 07, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 3.87%.

Technically, L&T share price will see immediate support at 3,597.93 and immediate resistance would be seen at 3,742.73.

If L&T share price closes below immediate support of 3,597.93, then sharp breakdown can be seen. L&T share price will see major support at 3,526.57 for the week.

On the positive side, immediate resistance will be seen at 3,742.73. Closing above 3,742.73, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,816.17 for the week.

Trading range for L&T share price for this week should be between 3,453.13 on down side and 3,887.53 on up side.

L&T Previous Week High: 3744.8

L&T Previous Week Low: 3600

L&T Previous Week Range: 144.8 Points

L&T share price support and resistance for the week (June 03, 2024 – June 07, 2024)

Level Type Value
Resistance 3 3,887.53
Resistance 2 3,816.17
Resistance 1 3,742.73
Support 1 3,597.93
Support 2 3,526.57
Support 3 3,453.13
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