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.
Page 67 - Rex Cano
How can you tell if a stock or an index is consolidating?
Apart from a bull and bear trend, markets also witness phases of consolidation. We delve into what is a consolidation phase, how to identify it and trade during such a phase. Let's find out
 "How can you tell if a stock or an index is consolidating?")
MCX Crude Oil futures seem range-bound; Bias positive for Natural Gas
The MCX Natural Gas May futures are likely to trade with a bullish bias in May as long as the commodity holds above Rs 576-level.
 "MCX Crude Oil futures seem range-bound; Bias positive for Natural Gas")
Stocks to Watch: Tata Steel, HDFC, AEL, AWL, SpiceJet, Titan, BoB, NTPC
Stocks to Watch Today: Tata Steel has announced a 46.8 per cent jump in Q4 net, and also announced a 10:1 stock split; LIC's Rs 21,000 crore IPO opens today.
 "Stocks to Watch: Tata Steel, HDFC, AEL, AWL, SpiceJet, Titan, BoB, NTPC")
Can MCX Gold futures drop below Rs 50,000 in May? Key levels to watch out
The MCX Gold futures seem to be facing considerable resistance around Rs 52,250 as per the monthly charts. Similarly, the upside for Silver seems likely to be capped around Rs 64,200-64,750 odd levels
 "Can MCX Gold futures drop below Rs 50,000 in May? Key levels to watch out")
Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health
Stocks to Watch Today: Shares of Adani Wilmar, Jindal Stainless, Adani Enterprises, Hero MotoCorp, Tata Steel and Titan too shall be in focus ahead of the Q4 results.
 "Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health")
April F&O expiry: Nifty eyeing a narrow trading range
Investors had a rollercoaster ride during the April F&O series, with bears having the slight edge. Will they triumph? Or will the bulls fight back today? Find out what to expect on the expiry day
 "April F&O expiry: Nifty eyeing a narrow trading range")
MCX Crude Oil futures can rally up to Rs 8,300; Key levels to watch out
The bias is likely to remain bullish as long as Crude Oil futures sustain above Rs 7,830, below which the next crucial support is at Rs 7,730.
 "MCX Crude Oil futures can rally up to Rs 8,300; Key levels to watch out")
Stocks to Watch: Reliance, Bajaj Finance, Wipro, HDFC Life, Tata Coffee
Stocks to Watch Today: Shares of Bajaj Auto, Hindustan Unilever and Indian Hotels are likely to be in focus as the companies report Q4 results on Wednesday.
Commodity Corner: MCX Gold, Silver futures likely to consolidate
The MCX Gold futures may seek near support around Rs 52,040; whereas Silver futures have multiple key support around Rs 65,235 and Rs 64,600.
 "Commodity Corner: MCX Gold, Silver futures likely to consolidate")
Stocks to Watch: ICICI Bank, RIL, Tejas Network, Tata Metaliks, Religare
Stocks to Watch Today: Shares of pharma company - Aurobindo, Sun Pharma and Jubilant are likely to be in focus as the trio have recalled different products in the US market as per the latest USFDA
Reliance Industries rallies 7% in two days, stock nears record high
RIL traded 3.5 per cent higher at Rs 2,730 fairly close to its record high of Rs 2,750 touched on October 19, 2021.
 "Reliance Industries rallies 7% in two days, stock nears record high")
Bias positive for MCX Crude Oil, Natural Gas: Key levels to watch out
The MCX Crude Oil futures may seek support around the 50-DMA at Rs 7,716; while the bias for Natural Gas is likely to remain bullish as long as it sustains above Rs 525.
 "Bias positive for MCX Crude Oil, Natural Gas: Key levels to watch out")
Stocks to Watch: ACC, Mastek, PCBL, L&T Infotech, NBFCs, Sugar
Stocks to watch today: Shares of brokerage firms Angel One and ICICI Securities are also likely to be in focus ahead of the corporate earnings on Wednesday.
What next for markets after the Monday mayhem?
With Monday's 1.7% fall, the Nifty has shed nearly 6% from its recent high. As rising bond yields and weak earnings' outlook cloud sentiment, here is what the market's near-term trajectory looks like
 "What next for markets after the Monday mayhem?")
Upside seems limited for MCX Gold; Silver may rally past Rs 71,000-level
The MCX Gold futures are likely to face considerable resistance around Rs 53,500-odd levels; MCX Silver futures can test Rs 71,300 on the upside.
 "Upside seems limited for MCX Gold; Silver may rally past Rs 71,000-level")
Market outlook: What will dictate market trend this week?
The Q4 numbers and rising bond yields kept market sentiments subdued last week. Analysts expect the upcoming trading sessions to be volatile for equities as well because of global headwinds
 "Market outlook: What will dictate market trend this week?")
Stocks to Watch: Infosys, HDFC Bank, Tata Steel, ICICI Life, HUL, RIL, M&M
The Infosys ADR has declined over 9 per cent in the last two trading session in the US market, while our market was shut for trade, post Q4 results.
MCX Crude Oil, Natural Gas: Key trading levels to watch out on April 13
MCX Crude Oil futures can test the 20-DMA in the near term placed at Rs 7,900-odd level.
 "MCX Crude Oil, Natural Gas: Key trading levels to watch out on April 13")
Stocks to Watch: Infosys, HDFC Bank, Tinplate, Brightcom, Vedanta, Thermax
Infosys is scheduled to announce results today, while HDFC Bank shall be reporting its Q4 numbers on Saturday.
MCX Gold, Silver: Key trading levels to watch out on April 11
MCX Gold may rally to Rs 53,570 on the upside; break and sustained trade above Rs 52,250 to add momentum.