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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (August 07, 2023 – August 11, 2023)

L&T closed the previous week on a negative note losing 3.86%.

Technically, L&T share price will see immediate support at 2,578.80 and immediate resistance would be seen at 2,682.50.

If L&T share price closes below immediate support of 2,578.80, then sharp breakdown can be seen. L&T share price will see major support at 2,530.70 for the week.

On the positive side, immediate resistance will be seen at 2,682.50. Closing above 2,682.50, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 2,738.10 for the week.

Trading range for L&T share price for this week should be between 2,475.10 on down side and 2,786.20 on up side.

L&T Previous Week High: 2690

L&T Previous Week Low: 2586.3

L&T Previous Week Range: 103.7 Points

L&T share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 2,786.20
Resistance 2 2,738.10
Resistance 1 2,682.50
Support 1 2,578.80
Support 2 2,530.70
Support 3 2,475.10

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