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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.

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Trade setup for Aug 13: Nifty may open flat on mixed cues; FirstCry to list

All you need to know before market opens on Tues: Global stocks (India, US, Japan) set to react to inflation data; Experts recommended trading strategy for Nifty, Bank Nifty here; 15 stocks in F&O ban

Trade setup for Aug 13: Nifty may open flat on mixed cues; FirstCry to list
Updated On : 13 Aug 2024 | 8:08 AM IST

'Hindenburg allegations won't stop prevailing bull run in Indian markets'

It's more of a stock specific market rather than sectors now, says Kranthi Bathini, Director-Equity of WealthMills Securities

'Hindenburg allegations won't stop prevailing bull run in Indian markets'
Updated On : 12 Aug 2024 | 1:53 PM IST

360 One WAM: Trading strategies in IIFL group stocks post Hindenburg claims

IIFL group stocks such as 360 One WAM, IIFL Finance and IIFL Securities plunged up to 5 per cent in Monday's initial trade, but soon recouped losses. Here are the key levels to track.

360 One WAM: Trading strategies in IIFL group stocks post Hindenburg claims
Updated On : 12 Aug 2024 | 12:58 PM IST

Hindenburg vs Sebi chief: How to trade Adani stocks now? Levels to track

As the Hindenburg saga resurfaces, here's a technical check on Gautam Adani-led Group stocks for the likely trend ahead.

Hindenburg vs Sebi chief: How to trade Adani stocks now? Levels to track
Updated On : 12 Aug 2024 | 10:04 AM IST

Hindenburg vs Sebi, Adani stocks, global markets: Guide for Nifty on Aug 12

All you need to know before market opens on Monday: GIFT Nifty hints at a marginal dip in the aftermath of Hindenburg attack; FIIs remain net long in index futures; 15 stocks in F&O ban period today.

Hindenburg vs Sebi, Adani stocks, global markets: Guide for Nifty on Aug 12
Updated On : 12 Aug 2024 | 7:28 AM IST

Are these 10 penny stocks worth your money? What charts say

Here are 10 penny stocks, trading in the range of Rs 6 - Rs 20, with a potential upside of up to 75%, based on the existing technical chart patterns.

Are these 10 penny stocks worth your money? What charts say
Updated On : 09 Aug 2024 | 2:14 PM IST

Should you buy or sell RVNL post Q1 results; here's what chart suggests

The overall bias for RVNL stock is likely to remain positive as long as the stock holds above Rs 490 levels; however, current momentum hints at likely 9 per cent downside risk at the counter.

Should you buy or sell RVNL post Q1 results; here's what chart suggests
Updated On : 09 Aug 2024 | 9:31 AM IST

Trade setup today: GIFT Nifty up 200 pts; global stocks rally; Ola listing

All you need to know before the market opens on Friday: The US market rallied up to 3% last night after jobless claims dropped more than expected, soothing fears of a recession; FIIs continue to sell.

Trade setup today: GIFT Nifty up 200 pts; global stocks rally; Ola listing
Updated On : 09 Aug 2024 | 7:26 AM IST

PSU Banks in focus: BoB, UBI among 5 stocks trading at key support levels

Shares of Bank of Baroda, Union Bank of India and Indian Bank can potentially rally up to 15% if these support levels are held; check key support and resistance levels for 5 PSU bank stocks here.

PSU Banks in focus: BoB, UBI among 5 stocks trading at key support levels
Updated On : 08 Aug 2024 | 12:22 PM IST

These companies reported turnaround in Q1; what lies ahead for stocks?

Zee Entertainment, PB Fintech, Delhivery among select companies to report a turnaround in the June 2024 quarter. Here's a technical outlook on select such stocks.

These companies reported turnaround in Q1; what lies ahead for stocks?
Updated On : 08 Aug 2024 | 9:30 AM IST

Will Sensex, Nifty rise or fall today? RBI Policy, weekly expiry in focus

All you need to know before market opens on Aug 8: Global stocks trade lower; GIFT Nifty hints at 150 pts gap-down; FIIs continue to sell; Nifty weekly expiry and RBI rate decision may set trend today

Will Sensex, Nifty rise or fall today? RBI Policy, weekly expiry in focus
Updated On : 08 Aug 2024 | 8:02 AM IST

LIC Housing, Marico among 4 stocks with short buildup; key levels to track

LIC Housing, Marico, JK Cement and Motherso Sumi have shed up to 15% in the last four days alongside up to 15% increase in open interest, thus suggesting short buildup at these counters.

LIC Housing, Marico among 4 stocks with short buildup; key levels to track
Updated On : 07 Aug 2024 | 1:12 PM IST

KPR Mill, eClerx: 5 midcap, smallcap stocks to play the market bounce

KPR Mill, eClerx, Granules, Cera Sanitaryware and BLS International are the 5 mid- and smallcap stocks that look strong on technical charts and can potentially gain up to 43% from present levels.

KPR Mill, eClerx: 5 midcap, smallcap stocks to play the market bounce
Updated On : 07 Aug 2024 | 9:42 AM IST

Trade setup for today: Asia mixed; FIIs net sellers; Nifty 24K is the key

All you need to know before the market opens on Wednesday: GIFT Nifty hints at 100-pt gap-up start. US market bounce back as tech shares gain; Japan down in Asian trade; FIIs net sell in cash and F&O.

Trade setup for today: Asia mixed; FIIs net sellers; Nifty 24K is the key
Updated On : 07 Aug 2024 | 7:17 AM IST

Crisis in Dhaka: Strategies for stocks of companies related to Bangladesh

Analysts believe, Indian textiles companies are likely to benefit from the Bangladesh turmoil, while that of FMCG and auto may take a hit. Here's a technical outlook on key stocks from these sectors.

Crisis in Dhaka: Strategies for stocks of companies related to Bangladesh
Updated On : 06 Aug 2024 | 11:14 AM IST

Nikkei zooms 11%; why are the Asian markets rallying on Tuesday?

A technical pullback coupled with speculation of an aggressive rate cut by the US Fed has propelled Asian shares on Tuesday morning, says Kranthi Bathini of WealthMills Securities.

Nikkei zooms 11%; why are the Asian markets rallying on Tuesday?
Updated On : 06 Aug 2024 | 8:20 AM IST

Nikkei up 11%, GIFT Nifty at 24,300, 6 new listings; Trade setup for Aug 6

All you need to know before market opens Tuesday: After tumbling up to 3.4%, the US stock futures were up to 2% in post market trades; Asian shares cheered the pullback. FirstCry IPO opens today.

Nikkei up 11%, GIFT Nifty at 24,300, 6 new listings; Trade setup for Aug 6
Updated On : 06 Aug 2024 | 7:21 AM IST

Sensex, Nifty tumble: How deep can the Indian stock market correction be?

Stock Market Outlook: The Sensex has shed 4.3% from its all-time high in 3 trading days and the Nifty is seen testing support at 24,250. Here's what charts suggest on likely trend ahead.

Sensex, Nifty tumble: How deep can the Indian stock market correction be?
Updated On : 05 Aug 2024 | 11:08 AM IST

Global markets crack up to 7%, GIFT Nifty at 24,350; Key factors for Aug 05

All you need to know before market opens on Monday: Japan's Nikkei has plunged 14.7 per cent in the last three days after Bank of Japan unexpectedly raised interest on July 31. Yen up 10% in 3 weeks.

Global markets crack up to 7%, GIFT Nifty at 24,350; Key factors for Aug 05
Updated On : 05 Aug 2024 | 7:31 AM IST

4 reasons why the Sensex sank nearly 800 pts on Friday August 2

The NSE Nifty shed 1 per cent and tested a low of 24,751 amid the global market sell-off on Friday; MidCap and SmallCap indices declined more than 1 per cent each.

4 reasons why the Sensex sank nearly 800 pts on Friday August 2
Updated On : 02 Aug 2024 | 9:45 AM IST