The IT index closed down 1.56% while the Nifty 50 index has increased 10% over the last year. Tata Consultancy Services fell 2.64% and was among the constituents declining on the day. The report recommends buying AsianTiles above 260 and WebelSolar above 33.5. Vakrangee Ltd and MBL Infrastructures Ltd saw significant share price declines and led the losers in their respective index groups. The outlook is bullish to consolidate for the Nifty 50 index with support between 11860-11985 and resistance between 12215-12075.

1. Daily Equity Report
6th June 2019

2. ty IT index closed down 1.56% at 16105.2
day. The index has added 0.00% over last
e month. Among the constituents, Tata
nsultancy Services Ltd fell 2.64%, HCL
chnologies Ltd slipped 2.63% and Oracle
nancial Services Software Ltd shed
1%.The Nifty IT index has increased
00% over last one year compared to the
11% spike in benchmark Nifty 50 index. In
her indices, Nifty Media index has slid
6% and Nifty Pharma index is down 1.21%

3. BUY ASIANTILES ABOVE 260
TARGETS 263.3 , 266.6 , 269.9 STOPLOSS
253.4
BUY WEBELSOLAR ABOVE 33.5
TARGETS 34 , 34.5 , 35 STOPLOSS 32.5
Vakrangee Ltd leads losers in 'A'
group:- Vakrangee Ltd tumbled 7.88% to
Rs 41.5 at 14:49 IST. The stock was the
biggest loser in the BSE's 'A' group. On
the BSE, 9.29 lakh shares were traded on
the counter so far as against the average
daily volumes of 13.68 lakh shares in the
past one month.
MBL Infrastructures Ltd leads losers
in 'B' group: - MBL Infrastructures Ltd
crashed 9.00% to Rs 10.92 at 14:33 IST.
The stock was the biggest loser in the
BSE's 'B' group. On the BSE, 21445

4. Edify yourself
INT OF VIEW
END: BULLISH TO CONSOLIDATE
SISTANCE: 12215, 12075
PPORT: 11985, 11860
RATEGY: BUY ON DIPS
INT OF VIEW
END: BULLISH TO CONSOLIDATE
SISTANCE: 32095, 31720
PPORT: 31480, 31135
RATEGY: BUY ON DIPS

5. Thank you
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