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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (February 12, 2024 – February 16, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 4.44%.

Technically, L&T share price will see immediate support at 3,263.27 and immediate resistance would be seen at 3,416.42.

If L&T share price closes below immediate support of 3,263.27, then sharp breakdown can be seen. L&T share price will see major support at 3,201.98 for the week.

On the positive side, immediate resistance will be seen at 3,416.42. Closing above 3,416.42, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,508.28 for the week.

Trading range for L&T share price for this week should be between 3,110.12 on down side and 3,569.57 on up side.

L&T Previous Week High: 3447

L&T Previous Week Low: 3293.85

L&T Previous Week Range: 153.15 Points

L&T share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 3,569.57
Resistance 2 3,508.28
Resistance 1 3,416.42
Support 1 3,263.27
Support 2 3,201.98
Support 3 3,110.12
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