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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

Nifty SmallCap forms Death Cross on chart; 132 stocks with similar pattern

More than 50% of Nifty Smallcap 250 stocks are seen trading with a 'Death Cross' pattern, show technical charts; 15 smallcaps witnessed this bearish chart formation in New Year 2026.

Nifty SmallCap forms Death Cross on chart; 132 stocks with similar pattern
Updated On : 12 Jan 2026 | 11:24 AM IST

Nifty IT gears up for Q3; Tata Elxsi, LTTS may gain up to 30%: Analysts

The Nifty IT index needs to breakout above 38,500 resistance, for a likely 13 per cent rally, says Kunal Shah, Senior Technical Analyst at Mirae Asset ShareKhan.

Nifty IT gears up for Q3; Tata Elxsi, LTTS may gain up to 30%: Analysts
Updated On : 09 Jan 2026 | 11:36 AM IST

Nifty50 outlook: Here's why 25,817 is key level to watch out for on charts

The Nifty is seen quoting below its short-term moving averages, and today testing the key supertrend line support, shows the daily charts. Here are the key levels for the index.

Nifty50 outlook: Here's why 25,817 is key level to watch out for on charts
Updated On : 09 Jan 2026 | 10:04 AM IST

Nifty FMCG down 4% in Jan; ITC, AWL Agri, 3 more stocks oversold on charts

Technical charts show that ITC, Godfrey Phillips, Jubilant FoodWorks, AWL Agri Business and United Breweries are trading in oversold zones based on the 14-day RSI parameter.

Nifty FMCG down 4% in Jan; ITC, AWL Agri, 3 more stocks oversold on charts
Updated On : 08 Jan 2026 | 11:47 AM IST

BEL, HAL, GRSE among 5 defence stocks to buy ahead of Budget 2026: Analysts

Defence related stocks have rallied up to 5% this year. Sachin Gupta of Choice Broking believes that there is pre-Budget optimism, and projects up to 12% upside in 5 shares based on technical charts.

BEL, HAL, GRSE among 5 defence stocks to buy ahead of Budget 2026: Analysts
Updated On : 07 Jan 2026 | 3:02 PM IST

LIC stock sees 'Death Cross' after 6 months; here are key levels on charts

Technically, the term 'Death Cross' means that the 50-DMA has slipped below the 200-DMA. Chart shows that LIC stock now trades below both the key moving averages.

LIC stock sees 'Death Cross' after 6 months; here are key levels on charts
Updated On : 07 Jan 2026 | 12:26 PM IST

Dixon Tech, IEX: Analysts see up to 43% upside in these beaten-down stocks

Analysts at JM Financial have maintained 'ADD' rating on Dixon Technologies and Indian Energy Exchange; while Nomura retained 'BUY' on Dixon. Here's how these 2 beaten-down stocks are placed on charts

Dixon Tech, IEX: Analysts see up to 43% upside in these beaten-down stocks
Updated On : 07 Jan 2026 | 11:05 AM IST

HDFC Bank down 4% in 2 days, falls below 200-DMA: analysts decode strategy

HDFC Bank shares slide 4% in two days and fall below the 200-DMA. Analysts explain FII selling, Q3FY26 update impact and strategy ahead.

HDFC Bank down 4% in 2 days, falls below 200-DMA: analysts decode strategy
Updated On : 06 Jan 2026 | 10:58 PM IST

This hotel stock flags Bearish signal on chart; here's all you need to know

EIH stock has witnessed the formation of 'Death Cross'. ITC Hotels, EIH Associated Hotels, Taj GVK and Mahindra Holidays have also seen the similar bearish formation in the recent past.

This hotel stock flags Bearish signal on chart; here's all you need to know
Updated On : 06 Jan 2026 | 10:50 AM IST

Analysts pick IRCTC, 1 other railway stock for likely gain of up to 16%

Nitant Darekar of Bonanza believes that railway stocks present a compelling investment opportunity, and merit accumulation for investors seeking infrastructure exposure ahead of Budget 2026.

Analysts pick IRCTC, 1 other railway stock for likely gain of up to 16%
Updated On : 05 Jan 2026 | 11:52 AM IST

Stocks with bullish momentum: IDBI Bank, CIL, Graphite, JSL, Ajanta Pharma

Coal India, IDBI Bank, Jindal Stainless, Ajanta Pharma and Graphite India were seen trading above the higher end of the Bollinger Bands backed by strong volume on charts.

Stocks with bullish momentum: IDBI Bank, CIL, Graphite, JSL, Ajanta Pharma
Updated On : 05 Jan 2026 | 11:06 AM IST

Nifty Auto up 3x vs Nifty in last 4 years; analysts expect further upside

The Nifty Auto index has zoomed as much as 157.8 per cent in the last four calendar years as against a 50.6 per cent surge in the benchmark Nifty 50, shows data.

Nifty Auto up 3x vs Nifty in last 4 years; analysts expect further upside
Updated On : 02 Jan 2026 | 1:20 PM IST

Chart check: ITC stock tests 4-year monthly trendline indicator at ₹350

ITC stock is seen trading near its 4-year monthly Supertrend line indicator for the first time since September 2021.

Chart check: ITC stock tests 4-year monthly trendline indicator at ₹350
Updated On : 02 Jan 2026 | 10:06 AM IST

Will Sensex hit 100,000 in 2026? Here's what market experts, charts suggest

Analysts believe that weakening of AI trade, sustained earnings and return of FIIs can drive the BSE Sensex past the 100,000-mark this year.

Will Sensex hit 100,000 in 2026? Here's what market experts, charts suggest
Updated On : 01 Jan 2026 | 11:05 AM IST

After upto 29% dip in 8 Nifty PSE stocks in 2025, experts turn bullish on 2

Stocks to buy for 2026: Analysts believe that valuations are turning attractive for RECL and PFC along with a healthy dividend yield at play.

After upto 29% dip in 8 Nifty PSE stocks in 2025, experts turn bullish on 2
Updated On : 31 Dec 2025 | 3:37 PM IST

Adani Ports breaks below this key indicator after nearly 4 months; details

Similarly, ICICI Bank and Asahi India too registered a close below the Supertrend line indicator on Monday.

Adani Ports breaks below this key indicator after nearly 4 months; details
Updated On : 30 Dec 2025 | 9:56 AM IST

Nifty F&O expiry: Analysts see 26,000 as key resistance; strategy today

The derivatives data reflects at a cautious and guarded market stance, with Call writers at slight advantage, explains Dhupesh Dhameja, Derivatives Research Analyst, SAMCO Securities.

Nifty F&O expiry: Analysts see 26,000 as key resistance; strategy today
Updated On : 30 Dec 2025 | 8:30 AM IST

Hind Copper, Hind Zinc zoom up to 67% in Dec; what next for these 2 metals?

Devarsh Vakil, Head of Prime Research at HDFC Securities reckons that investors should wait for a 10-15 per cent price correction in Hindustan Copper and Hindustan Zinc.

Hind Copper, Hind Zinc zoom up to 67% in Dec; what next for these 2 metals?
Updated On : 29 Dec 2025 | 1:40 PM IST

Nifty IT sees 'Golden Cross', up 15% in 3 months; will recovery continue?

Analysts believe that valuation comfort coupled anticipated revival in earnings and possible reversal of AI trade offer a better risk-reward scenario for Indian IT firms.

Nifty IT sees 'Golden Cross', up 15% in 3 months; will recovery continue?
Updated On : 29 Dec 2025 | 10:54 AM IST

RBL Bank stock sees 'Triple Top' on charts; time to worry? Experts say this

RBL Bank Share: The daily chart shows that apart from the 'Triple Top' formation, RBL Bank stock is seen trading near its 20-day moving average for the last one month.

RBL Bank stock sees 'Triple Top' on charts; time to worry? Experts say this
Updated On : 26 Dec 2025 | 1:29 PM IST