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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (March 18, 2024 – March 22, 2024)

L&T
L&T
L&T closed the previous week on a negative note losing 5.08%.

Technically, L&T share price will see immediate support at 3,466.03 and immediate resistance would be seen at 3,654.13.

If L&T share price closes below immediate support of 3,466.03, then sharp breakdown can be seen. L&T share price will see major support at 3,394.92 for the week.

On the positive side, immediate resistance will be seen at 3,654.13. Closing above 3,654.13, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,771.12 for the week.

Trading range for L&T share price for this week should be between 3,277.93 on down side and 3,842.23 on up side.

L&T Previous Week High: 3700

L&T Previous Week Low: 3511.9

L&T Previous Week Range: 188.1 Points

L&T share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 3,842.23
Resistance 2 3,771.12
Resistance 1 3,654.13
Support 1 3,466.03
Support 2 3,394.92
Support 3 3,277.93
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