L&T Technology Services – Technical Analysis

The stock

has witnessed a sharp recovery from the ₹3100–3200 zone and rallied towards ₹4300. The stock is now consolidating near ₹4220 after facing resistance around ₹4280–4300. The latest candle closed at ₹4220.10 almost flat, indicating a pause after the strong rally. The broader short-term trend remains positive but momentum is stretched. Support & Resistance: Immediate support is around ₹4150–4100. Below this the next support zone is ₹4000–3900. On the upside ₹4280–4300 is the immediate resistance followed by ₹4350–4400. Short-Term Buyers & Holders View: Fresh buying may be considered after a sustained close above ₹4300 with strong volume. This could open the possibility of further upside towards ₹4350–4400. Existing holders should monitor the ₹4100 support zone as a breakdown may lead to short-term profit booking.