L&T is approaching a crucial resistance zone near 4205.
Price has shown strong recovery from 3799–3724 demand zone and is now trading near prior swing highs.
If 4205 sustains on closing basis, momentum can expand further.
Failure to sustain may lead to short-term consolidation near 3956.
Key Levels:
Resistance – 4205 / 4300 zone
Support – 3956 / 3799
Charts reflect strength. Now it’s about confirmation.
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Disclaimer:
I am a SEBI Registered Research Analyst. This content is for educational purposes only. No buy/sell recommendation. Please consult your financial advisor before taking any investment decision.