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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.
City Union Bank, Sumitomo Chemical stock outlook: Golden Crossover is a bullish technical indicator in the market; here are the key support and resistance levels to track on these 2 smallcaps.
F&O market cues: FIIs hold nearly 2 short positions in index futures for every long trade; DIIs net sold over 34,000 contracts in the last 2 days, shows NSE data.
Short-term trading strategies in stocks - MRF, Apollo Tyres, Escorts Kubota, Deepak Nitrite and Ramco Cements - that will be excluded from the NSE F&O segment after the May expiry.
Technical chart shows that Muthoot Finance stock has broadly held the 200-DMA support for the last two years, since May 2023. Here's what may possibly happen next.
Protean eGov Technologies stock outlook: Technical chart suggests that the stock could slide below the IPO price in coming months; here are the key levels to track.
Technical outlook on telecom stocks post SC verdict on AGR dues: Voda Idea looks weak on chart and can slide up to 34% from present levels. Bharti Airtel and TTML, however, look favourably placed.
Technical chart suggests that Chambal Fertilisers share price could test a key trend line support which the stock has been holding above since November 2023; check key levels here
Technical alert: Defence stock GRSE, 2 other smallcaps - HEG and Ujjivan SFB witness formation of 'Golden Cross' on the daily charts. Here's why this is a bullish sign.
Weekly Market Outlook for May 19 - 23, 2025: The BSE Sensex is likely to trade with a positive bias this week as long as it holds above 81,550. Check key support, resistance and target levels here.
Technical outlook on railway-related stocks: Charts show that IRCTC, RailTel, Ircon, RVNL and RITES are testing 200-DMAs; a breakout can trigger fresh rally at these counters. Check key levels here
Technically, the Nifty 50 index is seen quoting above key moving averages across time-frames, which is a bullish sign. Here are the key support and resistance levels to watch out for on the index.
Coforge and Vesuvius have rallied up to 29% post announcement of stock split; technical charts suggest these 2 stocks could rally another 16% from present levels.
Technical chart suggests that power shares could crack up to 23% from present levels. Here are the key support and resistance levels to track on REC, NTPC and Powergrid stocks.
Technical chart suggests that Coromandel International could face some downward pressure in the near-term; while GMR Airport, Authum Investment and Le Travenues look good for near-term gains.
FIIs net sold stocks and futures worth ₹6,668.28 crore on Tuesday. Open positions declined by 15%, and long-short ratio in index futures dropped to 0.6 in last three trading days, shows NSE F&O data.
Technically, the stock seems on course to test ₹25.50 levels, above which a dash to ₹27.30 levels cannot be ruled out, shows the medium-term YES Bank chart.
BSE, IndiGo, BHEL, Aarti Industries and Jindal Stainless are likely to trade with a favourable bias in the near-term owing to these 3 favourable factors on charts and derivatives market.
Meanwhile, brokerage firm Nomura has retained its 'Buy' rating on Larsen & Toubro post Q4 results; but lowered the target price.
Weekly market outlook, May 12 - 16, 2025: Key momentum oscillators on the daily and weekly technical charts indicate a mixed outlook for the BSE Sensex and the NSE Nifty in the near-term.
For the Nifty 50 index to hit the lower circuit, it has to fall 10 per cent to 21.846.20 levels on Friday. If this becomes a reality before 1 PM, then the trading will be halted for 45 minutes