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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (March 04, 2024 – March 08, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 7.25%.

Technically, L&T share price will see immediate support at 3,464.88 and immediate resistance would be seen at 3,730.23.

If L&T share price closes below immediate support of 3,464.88, then sharp breakdown can be seen. L&T share price will see major support at 3,296.27 for the week.

On the positive side, immediate resistance will be seen at 3,730.23. Closing above 3,730.23, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,826.97 for the week.

Trading range for L&T share price for this week should be between 3,199.53 on down side and 3,995.58 on up side.

L&T Previous Week High: 3658.35

L&T Previous Week Low: 3393

L&T Previous Week Range: 265.35 Points

L&T share price support and resistance for the week (March 04, 2024 – March 08, 2024)

Level Type Value
Resistance 3 3,995.58
Resistance 2 3,826.97
Resistance 1 3,730.23
Support 1 3,464.88
Support 2 3,296.27
Support 3 3,199.53
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