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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (January 08, 2024 – January 12, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 4.03%.

Technically, L&T share price will see immediate support at 3,437.33 and immediate resistance would be seen at 3,580.73.

If L&T share price closes below immediate support of 3,437.33, then sharp breakdown can be seen. L&T share price will see major support at 3,352.77 for the week.

On the positive side, immediate resistance will be seen at 3,580.73. Closing above 3,580.73, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,639.57 for the week.

Trading range for L&T share price for this week should be between 3,293.93 on down side and 3,724.13 on up side.

L&T Previous Week High: 3555

L&T Previous Week Low: 3411.6

L&T Previous Week Range: 143.4 Points

L&T share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 3,724.13
Resistance 2 3,639.57
Resistance 1 3,580.73
Support 1 3,437.33
Support 2 3,352.77
Support 3 3,293.93
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