Rex Cano

Rex Cano

Rex Harrison Cano, part of Business Standard's online markets team, has over 25 years of experience, primarily in business journalism, tracking and analysing the Indian stock market. An avid market enthusiast and an expert 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

Metal stocks up 22% from Mar lows; Analyst sees up to 18% upside in these 3

Ajit Mishra expects upside momentum to continue in metal shares for now. Among individual stocks he predicts up to 18% upside in Jindal Steel, National Aluminium and NMDC.

Updated On: 07 Apr 2026 | 12:40 PM IST

Jubilant Food vs Devyani: This QSR stock can rebound upto 33%, says analyst

Jubilant Food vs Devyani International: This QSR stock can rally up to 33%, says tech analyst

Updated On: 07 Apr 2026 | 9:46 AM IST

Upside for MCX Gold capped at ₹165,000; Silver may consolidate: Analysts

Commodity research analyst Nirpendra Yadav at Bonanza believes that the pullback in Gold and Silver prices is due to weak buying momentum, hence they may struggle to extend gains.

Updated On: 07 Apr 2026 | 8:26 AM IST

Nifty Healthcare below 100-WMA, down 8% from its peak; what charts say?

Amol Athawale of Kotak Securities believes that the short-term outlook for Nifty Healthcare remains uncertain and sentiment may turn negative in case the index falls below 13,500 levels.

Updated On: 06 Apr 2026 | 11:22 AM IST

Axis Securities retains Nifty target at 28,080; Eternal among top 15 picks

Analysts at Axis Securities pin hopes on US tariff relief, revival in private capex, improving business confidence and rural recovery as potential positive triggers for the market recovery.

Updated On: 02 Apr 2026 | 2:26 PM IST

Battle for JAL: Are Adani or Vedanta stocks worth the risk? Analysts decode

Vedanta and Adani group are involved in an intense battle to acquire assets of insolvent Jaiprakash Associates. Technically, Vedanta stock seems to be favourably placed on charts, says Bonanza analyst

Updated On: 02 Apr 2026 | 6:15 AM IST

Will FY27 be a year of fixed deposits as West Asia war dents stock returns?

Data shows that FDs beat stock market returns in FY26. Analysts, however, expect equities to outperform most asset classes in FY27 despite the ongoing geopolitical conflict in West Asia.

Updated On: 01 Apr 2026 | 6:52 PM IST

Astral, Glenmark, Nalco among high conviction F&O bets in April: Systematix

The futures & options market positioning reflects heavy short build-up, creating conditions for sharp but temporary short-covering rallies, says Systematix Institutional Equities.

Updated On: 01 Apr 2026 | 1:39 PM IST

Nifty outlook FY27: Analysts see 23% upside to 27,500 amid volatility

Muthuselvaraj, technical analyst at Mirae Asset Sharekhan believes that the overall chart structure for Nifty remains bullish as long as the index holds above 21,750 levels.

Updated On: 01 Apr 2026 | 8:22 AM IST

Airtel, M&M, HCL Tech: 12 Nifty stks form 'Death Cross' on charts in March

Technical charts show that Nifty and its 12 stocks including Infosys, Reliance, Bharti Airtel, Asian Paints, HCL Tech and Bajaj Finance saw their 50-DMA slip below 200-DMA amid March market crash.

Updated On: 30 Mar 2026 | 11:12 AM IST

Canara Bank may jump back to ₹158; stock may gain up to 21%: Choice Broking

Target price of Canara Bank share: Sumeet Bagadia of Choice Broking expects Canara Bank to find strong support around ₹125, its previous rounding bottom breakout level.

Updated On: 27 Mar 2026 | 1:11 PM IST

₹1.5 trn hit to exchequer as govt cuts petrol, diesel excise: Deven Choksey

Kunal Kamble technical analyst at Bonanza explains that the technical charts suggests a negative bias for OMCs - HPCL, BPCL and IOC - with recent swing lows as key support zone.

Updated On: 27 Mar 2026 | 11:26 AM IST

Axis Bank, Voda Idea: 28 Nifty 500 stocks reclaim 200-DMA today; full list

Among others Dr. Reddy's, Apollo Hospitals, M&M Finance, Muthoot Finance, Tata Power, Balrampur Chini and Sammaan Capital soared up to 20% from recent lows to cross the long-term average, shows data.

Updated On: 25 Mar 2026 | 12:07 PM IST

Nifty RSI shows positive divergence; what it means? Analysts see 4% upside

A positive RSI divergence, in general, is considered a bullish technical signal. Tech analysts expect Nifty to target 23,800 levels on the upside.

Updated On: 25 Mar 2026 | 10:16 AM IST

Premier Energies up 21% in Mar; the only overbought Nifty500 stock on chart

Premier Energies has outperformed the overall market thus far in March amid hopes of new incentive scheme for solar sector. Market strategist expects the stock to test 200-DMA on the upside.

Updated On: 24 Mar 2026 | 2:49 PM IST

Tech analyst backs these 3 stocks even as mining, sugar face cost pressure

Sachin Gupta, research analyst at Choice Broking recommends accumulating Hindustan Zinc, Coal India and EID Parry on dips for a potential upside bounce as per technical charts.

Updated On: 24 Mar 2026 | 12:04 PM IST

HDFC Bank, L&T: How to trade these 2 heavyweights at CMP? Analyst says this

Kunal Kamble, technical analyst at Bonanza cautions against venturing into HDFC Bank stock for now due to a weak chart setup; while he sees support for Larsen & Toubro around ₹3,100 levels.

Updated On: 23 Mar 2026 | 1:21 PM IST

Can Nifty crash below 20,000? Why 2023's unfilled gap is a talking point

Nifty's historical chart shows presence of an unfilled gap around the 20,300 level formed in December 2023; here is what tech analysts have to say.

Updated On: 23 Mar 2026 | 12:17 PM IST

Tyre stocks skid up to 18% in March; can slip another 24%, cautions analyst

Apollo Tyres, CEAT, Balkrishna Industries share prices could fall up to 24% from current levels, cautions technical analysts Kunal Shah of Mirae Asset Sharekhan.

Updated On: 20 Mar 2026 | 1:26 PM IST

Qatar gas strike impact; Petronet LNG, Gail could dip another 10%: Analysts

Petronet LNG has reversed its trend, surrendering all the gains accumulated earlier this year, says research analyst Ajit Mishra of Religare.

Updated On: 20 Mar 2026 | 11:16 AM IST