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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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Page 2 - Rex Cano

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.

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

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

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

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

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

Qatar gas strike impact; Petronet LNG, Gail could dip another 10%: Analysts
Updated On : 20 Mar 2026 | 11:16 AM IST

Gold prices crack below $5,000; can slide another 9%: YES Securities

The West Asia conflict has changed the bullish narrative around Gold. High oil prices, US recession-cum-inflationary fears, and fading Fed rate cut bets weigh on the sentiment, says YES Securities.

Gold prices crack below $5,000; can slide another 9%: YES Securities
Updated On : 19 Mar 2026 | 1:29 PM IST

HDFC Bank stock can dip 7% more to ₹748; ₹810 make or break level: Analysts

Market strategist Anand James of Geojit Investments highlights that the January 2025 low of ₹810 is the key, sustained trade below the same could favour further downside.

HDFC Bank stock can dip 7% more to ₹748; ₹810 make or break level: Analysts
Updated On : 19 Mar 2026 | 11:17 AM IST

Nifty stares at gap-down open, will it re-test 23,000? Key levels to watch

Global markets were down over 1% in Thursday's early trade amid escalating West Asia tensions, and fresh spike in crude oil prices. GIFT Nifty hints at a near 500-point gap-down start for the Nifty.

Nifty stares at gap-down open, will it re-test 23,000? Key levels to watch
Updated On : 19 Mar 2026 | 8:29 AM IST

Adani group stocks in focus amid ₹2-trn annual capex plan; long-term buys?

Kunal Kamble, technical analyst at Bonanza expects Adani Power to test ₹200 on the upside in the long-term, and Adani Energy Solutions to test ₹1,400 levels.

Adani group stocks in focus amid ₹2-trn annual capex plan; long-term buys?
Updated On : 18 Mar 2026 | 2:35 PM IST

These 3 stocks delivered 100x returns in 6 years; what tech charts say?

CG Power trades up 156-fold from March 2020 low; Whereas, PG Electroplast and Transformers & Rectifiers despite 50% fall from Jan 2025 high, quote 100-times higher on a six-year period, show charts.

These 3 stocks delivered 100x returns in 6 years; what tech charts say?
Updated On : 18 Mar 2026 | 10:51 AM IST

Nifty Realty at over 2-year low; Relief rally on cards? Analysts top 3 bets

Nifty Realty Index: Hitesh Tailor, technical analyst at Choice Broking expects Sobha, Oberoi Realty and Prestige Estates to bounce back amid signs of positive divergence on the RSI indicator.

Nifty Realty at over 2-year low; Relief rally on cards? Analysts top 3 bets
Updated On : 17 Mar 2026 | 2:28 PM IST

Nifty 50: Sell the rally or buy the dips? What charts, analysts suggest

Nifty 50 Index: A recent note by SAMCO Securities suggests that on an average the Nifty 50 index has bounced back by 3.4 per cent in the week after an over 5 per cent fall in the last 15 years.

Nifty 50: Sell the rally or buy the dips? What charts, analysts suggest
Updated On : 17 Mar 2026 | 10:01 AM IST

Gail, IGL, MGL: Is any gas stock worth buying now? Analysts guide

Going ahead, analysts expect natural gas prices to stay elevated in the backdrop of developments in West Asia. In March alone, prices of natural gas have climbed 16 per cent to $3.277/MMBtu

Gail, IGL, MGL: Is any gas stock worth buying now? Analysts guide
Updated On : 13 Mar 2026 | 9:41 PM IST

Chart check: Adani Total Gas above 200-DMA; should you buy, sell or hold?

Market strategist Anand James of Geojit highlights that in the past ATGL stock reversed sharply after crossing the 200-DMA, therefore, one should be cautiously positive with a stop at ₹580.

Chart check: Adani Total Gas above 200-DMA; should you buy, sell or hold?
Updated On : 13 Mar 2026 | 11:53 AM IST

Friday the 13th: Nifty's 13th fall of over 1% in 2026? Experts decode

Nifty fall today:On a year-to-date basis, the Nifty has shed nearly 11 per cent, with near 7 per cent of the fall coming this March amid the US-Iran war. Analysts fear further downside for the market.

Friday the 13th: Nifty's 13th fall of over 1% in 2026? Experts decode
Updated On : 13 Mar 2026 | 11:05 AM IST

TCS, HUL, Ashok Leyland, 2 more stocks may fall up to 14%: Tech analyst

Muthuselvaraj M, Research Analyst at Mirae Asset ShareKhan highlights that TCS and HUL have broken down from a triangle pattern, while Ashok Leyland may have formed a double top on the weekly chart.

TCS, HUL, Ashok Leyland, 2 more stocks may fall up to 14%: Tech analyst
Updated On : 12 Mar 2026 | 10:43 AM IST

Stocks to avoid; Colgate, IEX, Akzo Nobel look technically weak: Analyst

Colgate-Palmolive has broken below a rising trendline support and continues to trade below key moving averages, indicating a weak structure, says Kunal Kamble of Bonanza.

Stocks to avoid; Colgate, IEX, Akzo Nobel look technically weak: Analyst
Updated On : 11 Mar 2026 | 1:24 PM IST

RIL US refinery may get Venezuelan oil access; need deal clarity: Analysts

Analysts believe Texas refinery deal could be a positive for Reliance given the current geopolitical environment; however, await for more clarity as the company is yet to issue an official statement.

RIL US refinery may get Venezuelan oil access; need deal clarity: Analysts
Updated On : 11 Mar 2026 | 1:01 PM IST

US-Iran war puts ₹70,000 cr dent in LIC's portfolio; banks, L&T worst hit

Holdings in SBI, ICICI Bank and HDFC Bank accounted for more than one-fifth of the losses for Life Insurance Corporation of India; while L&T alone created a 11 per cent dent, shows ACE Equity data.

US-Iran war puts ₹70,000 cr dent in LIC's portfolio; banks, L&T worst hit
Updated On : 10 Mar 2026 | 11:10 PM IST