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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (September 04, 2023 – September 08, 2023)

L&T
L&T
L&T closed the previous week on a negative note losing 3.20%.

Technically, L&T share price will see immediate support at 2,655.55 and immediate resistance would be seen at 2,743.15.

If L&T share price closes below immediate support of 2,655.55, then sharp breakdown can be seen. L&T share price will see major support at 2,609.00 for the week.

On the positive side, immediate resistance will be seen at 2,743.15. Closing above 2,743.15, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 2,784.20 for the week.

Trading range for L&T share price for this week should be between 2,567.95 on down side and 2,830.75 on up side.

L&T Previous Week High: 2737.65

L&T Previous Week Low: 2650.05

L&T Previous Week Range: 87.6 Points

L&T share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 2,830.75
Resistance 2 2,784.20
Resistance 1 2,743.15
Support 1 2,655.55
Support 2 2,609.00
Support 3 2,567.95

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