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L&T Outlook for the Week (September 18, 2023 – September 22, 2023)

L&T closed the previous week on a negative note losing 4.01%.

Technically, L&T share price will see immediate support at 2,861.67 and immediate resistance would be seen at 2,982.22.

If L&T share price closes below immediate support of 2,861.67, then sharp breakdown can be seen. L&T share price will see major support at 2,814.78 for the week.

On the positive side, immediate resistance will be seen at 2,982.22. Closing above 2,982.22, L&T share price will see a sharp breakout. Major resistance for L&T share price will be seen at 3,055.88 for the week.

Trading range for L&T share price for this week should be between 2,741.12 on down side and 3,102.77 on up side.

L&T Previous Week High: 3009

L&T Previous Week Low: 2888.45

L&T Previous Week Range: 120.55 Points

L&T share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 3,102.77
Resistance 2 3,055.88
Resistance 1 2,982.22
Support 1 2,861.67
Support 2 2,814.78
Support 3 2,741.12

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