Business Standard

Rex Cano

Rex Cano

Rex Cano

Rex Harrison Cano has over 25 years of experience, primarily in business journalism, tracking and analysing the Indian stock market. An avid market enthusiast and a proficient technical analyst, Rex believes that charts and numbers come to life to tell stories of past and possible future journeys.

Rex Harrison Cano has over 25 years of experience, primarily in business journalism, tracking and analysing the Indian stock market. An avid market enthusiast and a proficient technical analyst, Rex believes that charts and numbers come to life to tell stories of past and possible future journeys.

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Page 2 - Rex Cano

NTPC Green Energy IPO opens today: How to trade NTPC, other power stocks

NTPC Green Energy IPO: Trading strategies for NTPC, Power Grid and other listed power stocks on the BSE, NSE.

NTPC Green Energy IPO opens today: How to trade NTPC, other power stocks
Updated On : 19 Nov 2024 | 11:08 AM IST

Can Nifty snap its 7-day losing streak today? Here's what F&O data suggests

F&O cues for Nov 19: Rising Call-writing across 23,500-24,000 range underscores seller dominance, while diminishing Put-writing reflects cautious sentiment, said Dhupesh Dhameja of SAMCO Securities.

Can Nifty snap its 7-day losing streak today? Here's what F&O data suggests
Updated On : 19 Nov 2024 | 9:07 AM IST

RIL, Tata Motors, Titan: Over 50% Nifty stocks trade below 200-DMA

As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.

RIL, Tata Motors, Titan: Over 50% Nifty stocks trade below 200-DMA
Updated On : 18 Nov 2024 | 11:01 PM IST

Oversold Alert: 5 stocks with RSI around 15; Colgate tests 20-year support

Asian Paints, Aurobindo Pharma, AIA Engineering, Delhivery and Colgate-Palmolive stocks were trading in oversold zone, the daily chart shows. Here are the key levels to track.

Oversold Alert: 5 stocks with RSI around 15; Colgate tests 20-year support
Updated On : 18 Nov 2024 | 12:54 PM IST

F&O data shows Nifty pivot at 23,550; Can Bank Nifty trigger a pull-back?

F&O cues for Nov 18: As long as Bank Nifty holds the 200-DEMA support near 49,900, the index could witness a pullback move towards 50,500-50,600 levels, believes Hrishikesh Yedve of Asit C. Mehta.

F&O data shows Nifty pivot at 23,550; Can Bank Nifty trigger a pull-back?
Updated On : 18 Nov 2024 | 9:01 AM IST

Zomato, ATGL, Paytm: Should you buy these stocks as NSE approves F&O entry?

The NSE has approved the addition of 45 new stocks to the F&O; technical chart suggests that these 5 including the likes of Paytm, Zomato and Adani Total Gas can zoom up to 27% from present levels.

Zomato, ATGL, Paytm: Should you buy these stocks as NSE approves F&O entry?
Updated On : 14 Nov 2024 | 1:24 PM IST

FIIs add short positions in Nifty, Bank Nifty; OI rises up to 75% in Nov

F&O cues for Nov 14: Nifty has dipped nearly 3% thus far in Nov series, with FIIs holding short positions in 3:1 ratio; while retail investors holding bullish bets at 2:1 in index futures, shows data.

FIIs add short positions in Nifty, Bank Nifty; OI rises up to 75% in Nov
Updated On : 14 Nov 2024 | 8:59 AM IST

What if Nifty 50 fails to hold the 200-DMA at 23,530? Key levels here

In the worst case, the Nifty can slide another 14% towards 20,300-odd levels. For now, near support for the index is seen at 23,250 and 22,900 levels, shows the technical chart.

What if Nifty 50 fails to hold the 200-DMA at 23,530? Key levels here
Updated On : 13 Nov 2024 | 4:13 PM IST

Key support for RIL stock stands at this level; here's why

Reliance stock is down nearly 22% from its record high; historically, in the past decade, barring the 50% fall during Covid-19 sell-off, RIL stock has bounced back after a 21% correction.

Key support for RIL stock stands at this level; here's why
Updated On : 12 Nov 2024 | 12:29 PM IST

Nifty remains trapped in 24,000-24,500 range; probability of bounce higher

F&O cues for Nov 12: Options data hint support for Nifty at 23,950; with a high probability of a bounce back towards 24,500 - 24,700; says Sahaj Agarwal of Kotak Securities.

Nifty remains trapped in 24,000-24,500 range; probability of bounce higher
Updated On : 12 Nov 2024 | 9:44 AM IST

Asian Paints shares break 6-year bullish trend; another 17% fall likely

Asian Paints stock was trading at 3-year lows, and had given a downside breakout on the monthly chart for the first time since May 2018; shows technical charts.

Asian Paints shares break 6-year bullish trend; another 17% fall likely
Updated On : 11 Nov 2024 | 9:03 PM IST

Delhivery, RBL Bank: Trading guide for stocks where MFs raised stake in Q2

Mutual Funds increased stake in 84 Nifty 500 stocks in the quarter ended September 2024; here's a technical outlook on select 5 stocks for the likely trend ahead.

Delhivery, RBL Bank: Trading guide for stocks where MFs raised stake in Q2
Updated On : 11 Nov 2024 | 2:56 PM IST

Aarti Ind, Auro Pharma, Trent stocks see short build-up; trading guide here

F&O data shows, on Friday Aarti Industries, Aurobindo Pharma and Trent saw a dip in share price alongside rise in open interest; thus implying short build-up at these counters.

Aarti Ind, Auro Pharma, Trent stocks see short build-up; trading guide here
Updated On : 11 Nov 2024 | 12:52 PM IST

Nifty rebound attempt fizzles, sellers reinforce resistance; shows F&O data

F&O cues for Nov 11: Nifty's outlook has shifted to a bearish-to-sideways bias, as multiple rally attempts have been thwarted by sellers, says Dhupesh Dhameja of SAMCO Securities.

Nifty rebound attempt fizzles, sellers reinforce resistance; shows F&O data
Updated On : 11 Nov 2024 | 9:17 AM IST

ONGC, HAL, SJVN: 5 PSU stocks that can rally up to 25% by year-end

PSU stocks such as ONGC, HAL, Oil India, SJVN and BEL have retraced up to 50% of its previous rally; tech charts indicate that as long as the recent lows are protected a bounce back seems likely.

ONGC, HAL, SJVN: 5 PSU stocks that can rally up to 25% by year-end
Updated On : 08 Nov 2024 | 12:21 PM IST

FIIs add fresh shorts in Nifty futures; F&O data hints at cautious stance

F&O cues for Nov 08: According to the options data, the max pain level for the Nifty now stands at 24,200, and for Bank Nifty at 52,100; says Dhupesh Dhameja of SAMCO Securities.

FIIs add fresh shorts in Nifty futures; F&O data hints at cautious stance
Updated On : 08 Nov 2024 | 9:38 AM IST

Nifty 50: Here's how experts interpret the recent stock market volatility

Trading strategies in Nifty and Bank Nifty by market experts: Consensus view is that Nifty may hold the bullish bias as long as the index holds above 24,000-mark; check key levels here.

Nifty 50: Here's how experts interpret the recent stock market volatility
Updated On : 08 Nov 2024 | 9:25 AM IST

MSCI rejig: Time to buy Alkem, BSE, Voltas now or wait? Key levels here

Technical charts indicate that the 5 newly added stocks to the MSCI index are favourably placed and could soar up to 19% in forthcoming trading sessions.

MSCI rejig: Time to buy Alkem, BSE, Voltas now or wait? Key levels here
Updated On : 07 Nov 2024 | 12:34 PM IST

Nifty bias shifts to 'Buy on Dips', max pain seen at 24,400; shows F&O data

F&O cues for Nov 07: Meanwhile, Bank Nifty PCR dipped to 0.72, reflecting a shift towards a cautious outlook, says Dhupesh Dhameja of SAMCO Securities.

Nifty bias shifts to 'Buy on Dips', max pain seen at 24,400; shows F&O data
Updated On : 07 Nov 2024 | 9:11 AM IST

Trump Trade: Strategies for Indian IT, Pharma indices post US elections

Analysts believe that Indian export-oriented sectors such as pharma and IT may experience challenges under Donald Trump's rule. Here's how Nifty IT and Pharma indices are placed on charts.

Trump Trade: Strategies for Indian IT, Pharma indices post US elections
Updated On : 06 Nov 2024 | 2:24 PM IST