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LTMARKET OUTLOOKSTOCK OUTLOOK

L&T Outlook for the Week (November 20, 2023 – November 24, 2023)

L&T
L&T
L&T closed the previous week on a negative note losing 2.69%.

Technically, L&T share price will see immediate support at 3,055.28 and immediate resistance would be seen at 3,139.08.

If L&T share price closes below immediate support of 3,055.28, then sharp breakdown can be seen. L&T share price will see major support at 3,001.57 for the week.

On the positive side, immediate resistance will be seen at 3,139.08. Closing above 3,139.08, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,169.17 for the week.

Trading range for L&T share price for this week should be between 2,971.48 on down side and 3,222.88 on up side.

L&T Previous Week High: 3115.45

L&T Previous Week Low: 3031.65

L&T Previous Week Range: 83.8 Points

L&T share price support and resistance for the week (November 20, 2023 – November 24, 2023)

Level Type Value
Resistance 3 3,222.88
Resistance 2 3,169.17
Resistance 1 3,139.08
Support 1 3,055.28
Support 2 3,001.57
Support 3 2,971.48
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