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Rex Cano

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.

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

Gold stocks shine, up 37% in April before Akshaya Tritiya; Chart check here

Titan, Kalyan Jewellers, Sky Gold and Thangamayil Jewellery can potentially rally up to 15 per cent from here, believes Om Mehra, technical research analyst at SAMCO Securities.

Gold stocks shine, up 37% in April before Akshaya Tritiya; Chart check here
Updated On : 17 Apr 2026 | 1:34 PM IST

Analyst picks 3 midcap stocks for up to 40% upside as index crosses 200-DMA

Midcap stocks to buy? Muthuselvaraj of Mirae Asset Sharekhan expects Waaree Energies, BSE and Phoenix Mills to surge up to 40% in the short- to medium-term.

Analyst picks 3 midcap stocks for up to 40% upside as index crosses 200-DMA
Updated On : 17 Apr 2026 | 10:49 AM IST

How much Gold should you buy this Akshaya Tritiya? Analyst decodes strategy

Akshaya Tritiya 2026 Gold Outlook: Analyst at Kotak Securities recommends Gold allocation up to 15 per cent in portfolio, and suggests adding Silver too on this auspicious occasion.

How much Gold should you buy this Akshaya Tritiya? Analyst decodes strategy
Updated On : 17 Apr 2026 | 10:10 AM IST

BSE, MCX hit new highs on strong Q4 hopes; analysts predict up to 22% rally

BSE stock has surged 29% and MCX 21% thus far in April in anticipation of strong Q4 earnings. Anand James of Geojit expects BSE to target ₹4,200 on the upside in the medium-term.

BSE, MCX hit new highs on strong Q4 hopes; analysts predict up to 22% rally
Updated On : 16 Apr 2026 | 12:32 PM IST

Adani Power, NTPC among 5 power stocks that can rally up to 24%: Analysts

Technical analyst at Bonanza believes that power stocks NTPC, Adani Power, Tata Power, Adani Green and Power Grid are showing strong bullish structure and can potentially surge up to 24% from here.

Adani Power, NTPC among 5 power stocks that can rally up to 24%: Analysts
Updated On : 15 Apr 2026 | 1:14 PM IST

Charts suggest up to 5% upside for the Sensex; will the rally hold?

The near-term outlook for the Nifty remains positive as long as the index holds above 24,080, says Anand James of Geojit Investments.

Charts suggest up to 5% upside for the Sensex; will the rally hold?
Updated On : 15 Apr 2026 | 11:30 AM IST

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.

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

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

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

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

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

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

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

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

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

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

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

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

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

Nifty RSI shows positive divergence; what it means? Analysts see 4% upside
Updated On : 25 Mar 2026 | 10:16 AM IST