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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (August 21, 2023 – August 25, 2023)

L&T
L&T
L&T closed the previous week on a negative note losing 2.93%.

Technically, L&T share price will see immediate support at 2,606.97 and immediate resistance would be seen at 2,685.97.

If L&T share price closes below immediate support of 2,606.97, then sharp breakdown can be seen. L&T share price will see major support at 2,571.98 for the week.

On the positive side, immediate resistance will be seen at 2,685.97. Closing above 2,685.97, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 2,729.98 for the week.

Trading range for L&T share price for this week should be between 2,527.97 on down side and 2,764.97 on up side.

L&T Previous Week High: 2695

L&T Previous Week Low: 2616

L&T Previous Week Range: 79 Points

L&T share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 2,764.97
Resistance 2 2,729.98
Resistance 1 2,685.97
Support 1 2,606.97
Support 2 2,571.98
Support 3 2,527.97

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