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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (October 23, 2023 – October 27, 2023)

L&T
L&T
L&T closed the previous week on a negative note losing 4.40%.

Technically, L&T share price will see immediate support at 2,955.03 and immediate resistance would be seen at 3,091.93.

If L&T share price closes below immediate support of 2,955.03, then sharp breakdown can be seen. L&T share price will see major support at 2,897.72 for the week.

On the positive side, immediate resistance will be seen at 3,091.93. Closing above 3,091.93, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,171.52 for the week.

Trading range for L&T share price for this week should be between 2,818.13 on down side and 3,228.83 on up side.

L&T Previous Week High: 3114.2

L&T Previous Week Low: 2977.3

L&T Previous Week Range: 136.9 Points

L&T share price support and resistance for the week (October 23, 2023 – October 27, 2023)

Level Type Value
Resistance 3 3,228.83
Resistance 2 3,171.52
Resistance 1 3,091.93
Support 1 2,955.03
Support 2 2,897.72
Support 3 2,818.13
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