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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Rex Cano

Stock market crash: Dixon Tech, Ambuja, BHEL among stocks to buy on dips

Here are 5 F&O stocks that are trading with a PCR in excess of 1; Options data and technical charts suggest up to 14% upside for these stocks in the December series; key levels here.

Stock market crash: Dixon Tech, Ambuja, BHEL among stocks to buy on dips
Updated On : 13 Dec 2024 | 11:46 AM IST

Breakout stocks: MidCaps HDFC AMC, L&T Fin can rally up to 18%; show charts

Technical charts show that these four stocks have given a breakout on the daily scale on closing above the super trend line indicator.

Breakout stocks: MidCaps HDFC AMC, L&T Fin can rally up to 18%; show charts
Updated On : 12 Dec 2024 | 1:25 PM IST

Britannia stock down 26% from peak, tests 15-year support; Buy or Sell?

In the past two occasions, Britannia share price more-than-doubled after the stock tested its super trend line support on the monthly scale. Will history repeat itself? Chart check here

Britannia stock down 26% from peak, tests 15-year support; Buy or Sell?
Updated On : 12 Dec 2024 | 11:13 AM IST

These 5 stocks from Mukul Agrawal portfolio can gain up to 27%

Dishman Carbogen, PDS, Lux Industries, Intellect Design and J Kumar Infraprojects can rally up to 27% from here on suggested technical charts. Track key support and resistance levels here.

These 5 stocks from Mukul Agrawal portfolio can gain up to 27%
Updated On : 11 Dec 2024 | 2:45 PM IST

BSE, Angel One: Newly added F&O stks caught investors' fancy; how to trade?

BSE, Angel One, CDSL, PB Fintech and Delhivery have rallied up to 19 per cent in the last four trading sessions backed by a notable rise in open interest; here's what the technical charts suggest.

BSE, Angel One: Newly added F&O stks caught investors' fancy; how to trade?
Updated On : 11 Dec 2024 | 10:49 AM IST

Stock market crash over? Mid-, Small-caps surge; 5 key scrips to track

Broader indices have outperformed the Sensex and Nifty amid the recent market recovery, rallying up to 12% from November lows. These 5 mid-, small-cap stocks could swing up to 19% from present levels.

Stock market crash over? Mid-, Small-caps surge; 5 key scrips to track
Updated On : 10 Dec 2024 | 12:04 PM IST

FIIs turn bullish on Nifty; F&O activity hints at gains ahead

Cues from F&O market for December 10: Foreign investors are seen building long positions in Nifty futures thus far this month, with open interest rising by 27% in the last six days.

FIIs turn bullish on Nifty; F&O activity hints at gains ahead
Updated On : 10 Dec 2024 | 9:20 AM IST

RIL stock tests 10-yr support, can tank 35% to Rs 850 if breaks this level

The Rs 1,190 level holds the key for Reliance long-term trend; break and sustained trade can open the doors of a likely fall below Rs 1,000-mark, suggests technical charts.

RIL stock tests 10-yr support, can tank 35% to Rs 850 if breaks this level
Updated On : 09 Dec 2024 | 1:24 PM IST

FMCG woes: HUL, Dabur, Godrej Consumer risk up to 15% downside; show charts

As FMCG shares led by Godrej Consumer fell up to 11% on Monday post the volume growth concern; the Nifty FMCG index slipped below its 20-DMA after a two-week struggle; chart hints at further 4.5% dip.

FMCG woes: HUL, Dabur, Godrej Consumer risk up to 15% downside; show charts
Updated On : 09 Dec 2024 | 11:06 AM IST

Markets Today: RBI Policy, FIIs, Sensex, GIFT Nifty; Ganesh Infraworld IPO

Pre-market update: RBI policy decision likely to set the equity market trend on Friday; Strong FIIs buying a positive; Ganesh Infraworld likely to witness a bumper listing on the NSE SME platform.

Markets Today: RBI Policy, FIIs, Sensex, GIFT Nifty; Ganesh Infraworld IPO
Updated On : 06 Dec 2024 | 7:30 AM IST

Should you buy or sell IndiGo shares after worst airline rankings?

Technically, IndiGo stock seems to be facing resistance around its 100-DMA on the daily chart; however, the short- and the long-term trend seems favourable for the stock.

Should you buy or sell IndiGo shares after worst airline rankings?
Updated On : 05 Dec 2024 | 11:51 AM IST

Stock Markets: Will Nifty hit 25,000 or drop back to 24,000 by year-end?

The Nifty has retraced over 38 per cent of its recent losses; technically the Nifty seems on course to test 24,700 levels in the near-term. Track key support, resistance levels here.

Stock Markets: Will Nifty hit 25,000 or drop back to 24,000 by year-end?
Updated On : 05 Dec 2024 | 9:16 AM IST

Markets Today: Sensex, GIFT Nifty, FIIs, RBI Policy; IPO, Voda Idea, Airtel

Pre-market update: Asian shares traded with steady gains on Thursday; Back home the weekly Nifty expiry and upcoming RBI policy outcome to weigh on investor sentiment today.

Markets Today: Sensex, GIFT Nifty, FIIs, RBI Policy; IPO, Voda Idea, Airtel
Updated On : 05 Dec 2024 | 7:21 AM IST

Markets Today: GIFT Nifty, IPOs, RBI Policy, MPC meeting, FIIs; HUL, Swiggy

Pre-market update: The strength in the Sensex, Nifty 3-day rally is likely to be tested on Wednesday amid tepid cues and as focus shifts towards the RBI policy.

Markets Today: GIFT Nifty, IPOs, RBI Policy, MPC meeting, FIIs; HUL, Swiggy
Updated On : 04 Dec 2024 | 7:21 AM IST

Lodha, TVS Motor: 5 rate sensitive shares to bet on ahead of RBI policy

Technical charts suggest that stocks like TVS Motor, Lodha, DLF, Jio Financial Services and Federal Bank can potentially rally up to 19 per cent from present levels.

Lodha, TVS Motor: 5 rate sensitive shares to bet on ahead of RBI policy
Updated On : 03 Dec 2024 | 10:24 AM IST

Up 30% from lows; is Vodafone Idea share price headed towards Rs 10-mark?

Technical charts suggest that Vodafone Idea stock can potentially rally to Rs 10.90 on the upside, provided the stock sustains above this resistance zone.

Up 30% from lows; is Vodafone Idea share price headed towards Rs 10-mark?
Updated On : 02 Dec 2024 | 10:51 AM IST

Coal India, Tata Elxsi among 4 stocks to be wary of as market bounces back

Coal India, Tata Elxsi, Schaeffler and ELGI Equipments have witnessed a 'Death Cross' pattern on the daily chart; hence are likely to face downward pressure going ahead.

Coal India, Tata Elxsi among 4 stocks to be wary of as market bounces back
Updated On : 25 Nov 2024 | 2:24 PM IST

Bullish cues: Notable Put-writing seen for first time in 2 mths; F&O data

Derivatives market update for Nov 25: FIIs net purchased 46,700 contracts of index futures on Friday - the most in a single day since September 22; thus reducing some of their short bets.

Bullish cues: Notable Put-writing seen for first time in 2 mths; F&O data
Updated On : 25 Nov 2024 | 9:03 AM IST

It is a sell on a rise market now with Nifty upside capped, suggest charts

As persistent selling at higher levels continues, Chandan Taparia of Motilal Oswal believes a 'sell-on-bounce' trend is firmly in place at least for now

It is a sell on a rise market now with Nifty upside capped, suggest charts
Updated On : 23 Nov 2024 | 12:29 AM IST

Max pain for Bank Nifty seen at 50,900; bias seems cautiously positive

F&O cues for Nov 22: Bank Nifty formed a hammer candlestick pattern on Thursday; trade above 50,650 levels can trigger a pullback towards 51,000 - 51,500 levels, says analyst from Asit C Mehta.

Max pain for Bank Nifty seen at 50,900; bias seems cautiously positive
Updated On : 22 Nov 2024 | 9:17 AM IST