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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.
The NSE Nifty may face some resistance around 20,130; above which the index can potentially hit a new all-time high soon.
Stocks to watch on Wednesday, November 29, 2023: IREDA is likely to debut on a strong note on the bourses today following the robust response received to its recently concluded IPO.
Gold futures are up 12 per cent so far this year, and have gained 132 per cent in the last eight years. Chart suggests that bias is likely to remain favourable as long as Gold trades above its 20-MMA.
Stocks to watch on Tuesday, November 28, 2023: Honasa, Siemens and Newgen Software in focus today as exchanges lower circuit limit, results announcement and a liberal 1:1 bonus share issue.
Stocks to watch on Thursday, November 23, 2023: Honasa Consumer in its first result filing post listing reported a in net profit to Rs 29.40 crore for Q2FY24 as against a loss of Rs 15 crore in Q2FY23
Stocks to watch on Wednesday, November 22, 2023: BHEL, Chambal Fertilizers, Delta Corp, Hind Copper, Indiabulls Housing, India Cements, Manappuram, MCX, NMDC, RBL Bank and Zee are in F&O ban today.
The BSE on Friday announced changes to its Sensex 50, Sensex Next 50 and the BSE 100 index; here's what the charts suggest for select stocks.
Meanwhile, SBI looks range-bound on charts, while shares of SBI Cards & Payments can pullback up to 7 per cent from present levels.
Drop in crude oil prices and a bumper profit in Q2 has fuelled the rally so far in oil marketing companies.
Dabur has been trading with a negative bias for more than a month, further its alleged involvement in the illlegal betting app may dent sentiment. However, support at Rs 517 is the key, shows chart.
Bayer Cropscience, Granules India and HLE Glasscoat are the other three stocks that can generate healthy returns till next Diwali, based on the existing chart patterns.
Stocks to watch on Friday, November 10, 2023: Biocon, Hindustan Aeronautics, Hindalco, LIC, M&M, ONGC, SAIL and Tata Chemicals among prominent companies scheduled to announce Q2 results today.
Here's a list of Diwali picks recommended by top brokerage and research firms that can help you build your portfolio for Samvat 2080.
Stocks to watch on Thursday, November 09, 2023: Adani Ports Sri Lankan JV to get $553 mn funding from the US DFC. Patanjali, Phoenix Mills and Brigade Enterprises to react to strong jump in Q2 profit.
Given the recent consolidation in the market, select key indicators are flashing signs of caution, hence the benchmark indices are likely to be volatile going ahead.
Here's a list of stocks recommended by top brokerage and research firms that can help you build your portfolio this Diwali.
Stocks to watch on Wednesday, November 08, 2023: Reliance lines-up biggest-ever bond sale worth Rs 24,000 crore; Apollo Tyres, Dilip Buildcon post bumper profit in Q2, stocks likely to react today.
Stocks to watch on Tuesday, November 7, 2023: Apollo Tyres, Balrampur Chini, CRISIL, IRCTC and Power Grid Corporation among prominent companies scheduled to announce results today.
According to Ravi Nathani, an independent technical analyst, Nifty Private Bank index can be bought at existing levels, while one should prefer to buy Nifty Financial Services Index on dips.
Charts suggest that the bias for the realty stocks is likely to remain favourable as long as they hold these key support levels.