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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.
Technical chart shows that the Nifty Bank has near resistance at 57,000 levels; above which the index can potentially rally past the 60,000-mark. Here are 5 banking stocks that can potentially rally.
Technical charts suggest that stocks like Hindustan Motors, HCC, Paisalo Digital, Equitas SFB and Suzlon Energy, which at present trade below ₹100; can potentially zoom up to 73% from here on.
Indian benchmark stock indices, the Sensex and the Nifty have been consolidating for the last seven weeks; Will the RBI jumbo rate cut trigger an upside breakout? Here's what the charts say.
HDFC Bank, Bajaj Auto, Eicher Motors, L&T Finance and Prestige Estates can potentially rally up to 26% from present levels, indicate technical charts.
Technical chart shows that the prospects for Adani Green Energy are more favourable compared to Adani Enterprises and Adani Power.
Analysts recommend defence stocks are fully priced-in at current levels, hence booking some profit is advisable; but remain optimistic of long-term prospects.
Foreign Institutional Investors long-short ratio in index futures now stands at the lowest point in two months; implying the presence of 5 sell-side bets for every long position, shows NSE F&O data.
The Nifty has hit a new high in each of 5 occasions post formation of 'Golden Cross' on the daily chart since 2019, clocking an average gain of 24.4%; shows historical study.
The Nifty PSU Bank index has surged 30% from its March low, with 7 out of 12 bank stocks up more than 25%. Here's a technical outlook on key bank stocks - SBI, Bank of Baroda and Canara Bank.
Technical chart suggests that the bias for Indian Bank stock is likely to remain bullish as long as the stock holds above ₹627 levels; on the upside it seems on course to hit ₹666 levels.
Technical chart suggests that these 2 Anil Ambani group shares - Reliance Infrastructure and Reliance Power can potentially rally another 25% from here on; here are the key levels to watch out for.
Technical outlook on IT stocks: Infosys, TCS HCL Technologies and Tech Mahindra may slip up to 9% from present levels, suggest charts.
Weekly Market Outlook: The BSE Sensex may trade in the 80,600 - 82,300 range this week, the BSE benchmark could surge to 83,770 levels in June; suggests technical chart.
Technically, the Golden Cross formation is considered as a positive development for the stock. Here's a detailed list of 12 Nifty 500 stocks with Golden Cross formation on May 30, 2025.
Technical Alert: MCX and Firstsource Solutions stocks have witnessed formation of 'Golden Cross' on the daily chart; and hence are likely to log gains in the coming period.
Technical outlook on Deepak Fertilisers, RCF, GSFC, Coromandel International and Chambal Fertiliser shares. Check key support, resistance and target levels here.
Technical outlook on hotel stocks: Taj GVK, Juniper Hotels look good on charts, while EIH could face some downward pressure.
IFCI share price has appreciated by 90% in the last 3 weeks; technical chart suggests that bias for IFCI stock is likely to remain upbeat as long as it trades above ₹68.50 and ₹63.10 support levels.
Will the market witness a bull-trap or a short-covering rally on Nifty futures & options expiry day; here are the key levels to watch out for as per market experts.
Abbott India, Aurobindo Pharma, Cipla, Dr Lal PathLabs and Torrent Pharma flag caution signals on technical charts; here are the key levels to watch out for.