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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (November 27, 2023 – December 01, 2023)

L&T
L&T
L&T closed the previous week on a negative note losing 2.60%.

Technically, L&T share price will see immediate support at 3,019.55 and immediate resistance would be seen at 3,100.45.

If L&T share price closes below immediate support of 3,019.55, then sharp breakdown can be seen. L&T share price will see major support at 2,984.85 for the week.

On the positive side, immediate resistance will be seen at 3,100.45. Closing above 3,100.45, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,146.65 for the week.

Trading range for L&T share price for this week should be between 2,938.65 on down side and 3,181.35 on up side.

L&T Previous Week High: 3111.95

L&T Previous Week Low: 3031.05

L&T Previous Week Range: 80.9 Points

L&T share price support and resistance for the week (November 27, 2023 – December 01, 2023)

Level Type Value
Resistance 3 3,181.35
Resistance 2 3,146.65
Resistance 1 3,100.45
Support 1 3,019.55
Support 2 2,984.85
Support 3 2,938.65
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