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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (May 27, 2024 – May 31, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 6.15%.

Technically, L&T share price will see immediate support at 3,486.93 and immediate resistance would be seen at 3,711.93.

If L&T share price closes below immediate support of 3,486.93, then sharp breakdown can be seen. L&T share price will see major support at 3,347.97 for the week.

On the positive side, immediate resistance will be seen at 3,711.93. Closing above 3,711.93, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,797.97 for the week.

Trading range for L&T share price for this week should be between 3,261.93 on down side and 3,936.93 on up side.

L&T Previous Week High: 3659

L&T Previous Week Low: 3434

L&T Previous Week Range: 225 Points

L&T share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 3,936.93
Resistance 2 3,797.97
Resistance 1 3,711.93
Support 1 3,486.93
Support 2 3,347.97
Support 3 3,261.93
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