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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (October 16, 2023 – October 20, 2023)

L&T
L&T
L&T closed the previous week on a negative note losing 1.75%.

Technically, L&T share price will see immediate support at 3,060.10 and immediate resistance would be seen at 3,114.55.

If L&T share price closes below immediate support of 3,060.10, then sharp breakdown can be seen. L&T share price will see major support at 3,030.60 for the week.

On the positive side, immediate resistance will be seen at 3,114.55. Closing above 3,114.55, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,139.50 for the week.

Trading range for L&T share price for this week should be between 3,005.65 on down side and 3,169.00 on up side.

L&T Previous Week High: 3110

L&T Previous Week Low: 3055.55

L&T Previous Week Range: 54.45 Points

L&T share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 3,169.00
Resistance 2 3,139.50
Resistance 1 3,114.55
Support 1 3,060.10
Support 2 3,030.60
Support 3 3,005.65
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