LT Outlook for the Week (December 16, 2024 – December 20, 2024)
Larsen & Toubro closed flat on Weekly basis.
Technically, Larsen & Toubro share price will see immediate support at 3,799.63 and immediate resistance would be seen at 3,968.93.
If Larsen & Toubro share price closes below immediate support of 3,799.63, then sharp breakdown can be seen. Larsen & Toubro share price will see major support at 3,712.27 for the week.
On the positive side, immediate resistance will be seen at 3,968.93. Closing above 3,968.93, Larsen & Toubro share price will see a sharp breakout. Major resistance for Larsen & Toubro share price will be seen at 4,050.87 for the week.
Trading range for Larsen & Toubro share price for this week should be between 3,630.33 on down side and 4,138.23 on up side.
Larsen & Toubro Previous Week Open: 3867.5
Larsen & Toubro Previous Week High: 3963.5
Larsen & Toubro Previous Week Low: 3794.2
Larsen & Toubro Previous Week Close: 3887
Larsen & Toubro Previous Week Range: 169.3 Points
Larsen & Toubro share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 4,138.23 |
| Resistance 2 | 4,050.87 |
| Resistance 1 | 3,968.93 |
| Support 1 | 3,799.63 |
| Support 2 | 3,712.27 |
| Support 3 | 3,630.33 |
