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.
Page 74 - Rex Cano
Wkly Tech Analysis: Monthly charts point to hurdle at about 5,950
The Sensex scaled to a year's high, aided by an 800-point rally in the last three trading sessions
Wkly Tech Analysis: Nifty losing momentum on daily charts
Among the Sensex 30 stocks, SBI and Hindalco soared around 6.5% each to Rs 2,311 and Rs 124, respectively
Markets may be volatile on RBI event
The pivot point as per the weekly chart is 19,250 for the next week. On the upside, the index can rally to 19,480-19,580 while on the downside can slip to 19,155-19,050
Wkly Tech Analysis: Markets may be volatile on RBI event
The pivot point as per the weekly chart is 19,250 for the next week. On the upside, the index can rally to 19,480-19,580 while on the downside can slip to 19,155-19,050
Wkly Tech Analysis: Nifty would have strong support at 5,840
This year was a 'mirror' image of the last. The markets rose like a phoenix this year, with the Sensex soaring about 26%
Near resistance for Nifty likely at 5,750
Among the Sensex stocks, Wipro soared about nine per cent to Rs 365
Short-term bias seems negative
The Sensex rallied to a high of 18,973 in mid-week trade, rising about 220 points from the previous week's close
Wkly Tech Analysis: Short-term bias seems negative
The Sensex rallied to a high of 18,973 in mid-week trade, rising about 220 points from the previous week's close
Wkly Tech Analysis: Nifty may drop to 5,470
Tata Steel and ITC fell about five per cent each to Rs 370 and Rs 275, respectively
Wkly Tech Analysis: Nifty likely to face resistance at 5,800
Among Sensex stocks, BHEL rose 6.5% to Rs 263 this week
Wkly Tech Analysis: Nifty likely to test support at 5,535
Next week, the Sensex is likely to seek support around 18,530-18,435, while face resistance around 18,825-18,915
Nifty likely to test support at 5,535
Next week, the Sensex is likely to seek support around 18,530-18,435, while face resistance around 18,825-18,915
Sensex likely to seek support at about 18,500
Among Sensex stocks, ITC soared about five per cent to Rs 298, while Hero MotoCorp rallied about four per cent to Rs 1,849
Wkly Tech Analysis: Expect weakness below 18,500
The bank Nifty is likely to face considerable resistance at 11,650-odd levels. The index may, however, see support at about 11,465 (20-day daily moving average)