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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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Rex Cano

HPCL tanks 18% from record high, nears 200-DMA; lags BPCL, IOC; show charts

HPCL has retreated sharply from its all-time high, and also underperformed its peers BPCL and IOC in the month of January thus far. Tech chart shows the stock is trading at the 200-DMA on Friday.

HPCL tanks 18% from record high, nears 200-DMA; lags BPCL, IOC; show charts
Updated On : 23 Jan 2026 | 1:54 PM IST

IndiGo stock can fly up to 10%, says analyst; flags levels to track

Post the sharp 20% fall, IndiGo stock seems to be forming a base near ₹4,700 levels, says Kunal Shah, Senior Technical Analyst at Mirae Asset ShareKhan.

IndiGo stock can fly up to 10%, says analyst; flags levels to track
Updated On : 23 Jan 2026 | 11:10 AM IST

GRSE, Swiggy, Jio Fin, 2 other stocks form 'Death Cross', show tech charts

In general, 'Death Cross' is considered as a bearish indicator. Technical analyst, Hitesh Tailor examines GRSE and Jio Financial stock charts and explains why the bias seems negative here.

GRSE, Swiggy, Jio Fin, 2 other stocks form 'Death Cross', show tech charts
Updated On : 22 Jan 2026 | 1:33 PM IST

What to do with Eternal stock as Deepinder Goyal resigns? Tech view here

Drumil Vithlani of Bonanza expects Eternal to consolidate in the existing trading range, as one of the key momentum oscillators indicates lack of directional trend for the stock.

What to do with Eternal stock as Deepinder Goyal resigns? Tech view here
Updated On : 22 Jan 2026 | 11:43 AM IST

Nifty tests 200-DMA; on track for worst January show in a decade

The NSE Nifty 50 index tested the 200-DMA as it hit an intra-day low at 25,085 in intra-day trade on Wednesday. Technical analysts caution against further fall in the market.

Nifty tests 200-DMA; on track for worst January show in a decade
Updated On : 21 Jan 2026 | 11:30 PM IST

Are you looking to buy in market crash? Bonanza picks 3 PSU bank stocks

Drumil Vithlani, technical analyst at Bonanza is bullish on Canara Bank, Union Bank of India and Bank of India, and expects up to 27 per cent upside on these 3 PSU Bank shares from here.

Are you looking to buy in market crash? Bonanza picks 3 PSU bank stocks
Updated On : 21 Jan 2026 | 2:04 PM IST

Kalyan Jewellers tanks 14%, down 27% in 9 straight days; analyst says this

Aakash Shah, Technical Research Analyst at Choice Equity Broking believes that the bias for Kalyan Jewellers stock is likely to remain bearish as long as the stock trades below ₹440 - ₹450 zone.

Kalyan Jewellers tanks 14%, down 27% in 9 straight days; analyst says this
Updated On : 21 Jan 2026 | 1:26 PM IST

Vodafone Idea stock down 21% from recent high; time to buy, hold or sell?

Drumil Vithlani of Bonanza reckons that support for Vodafone Idea can be anticipated in ₹9.80-₹9.60 range; below which the stock can technically lose momentum.

Vodafone Idea stock down 21% from recent high; time to buy, hold or sell?
Updated On : 20 Jan 2026 | 2:15 PM IST

Polycab, KEI: JM Financial sees strong demand for C&W; flag key risks

Analysts at JM Financial seen strong C&W demand from institutional players; but caution that a correction in copper prices could pose a risk to primary off-take for these companies.

Polycab, KEI: JM Financial sees strong demand for C&W; flag key risks
Updated On : 20 Jan 2026 | 11:52 AM IST

Nifty Outlook: Waiting for a rebound? Market experts reckon this

The NSE Nifty has declined over 3 per cent (800 points) from its record high of 26,373 hit on January 5, and is currently seen hovering around the 100-DMA. Here's what market experts have to say.

Nifty Outlook: Waiting for a rebound? Market experts reckon this
Updated On : 20 Jan 2026 | 9:40 AM IST

RIL stock falls below 200-DMA after 9 months; key levels to watch on charts

Reliance Industries stock today dropped below its long-term 200-DMA for the first-time since April 28, 2025. Take a look at how the stock is placed on the daily, weekly and monthly charts.

RIL stock falls below 200-DMA after 9 months; key levels to watch on charts
Updated On : 19 Jan 2026 | 12:35 PM IST

How to trade ICICI Bank, HDFC Bank post Q3 results? Here's a trading guide

Aakash Shah of Choice Equity Broking says that HDFC Bank may remain tepid as long as the stock trades below ₹970; while ICICI Bank needs to sustain above ₹1,380 to maintain its long-term positive bias

How to trade ICICI Bank, HDFC Bank post Q3 results? Here's a trading guide
Updated On : 19 Jan 2026 | 11:19 AM IST

ITC share price may log biggest monthly fall in 2 decades; what next?

ITC stock crash: Market experts decode trading strategy as ITC shares slide over 18% in January 2026 post tax hike on cigarettes. Analysts warn of possible further 19% fall; here's why

ITC share price may log biggest monthly fall in 2 decades; what next?
Updated On : 19 Jan 2026 | 10:01 AM IST

ICICI Pru Life vs HDFC Life: Charts show which stock may soar up to 14%

Kunal Shah technical analyst at Mirae Asset ShareKhan believes that ICICI Prudential Life stock is favourably placed on charts compared to HDFC Life. Here's why he explains.

ICICI Pru Life vs HDFC Life: Charts show which stock may soar up to 14%
Updated On : 16 Jan 2026 | 3:31 PM IST

Infosys, TCS, HCL Tech, 2 others: How to trade IT stocks post Q3 results?

Kunal Kamble, technical analyst at Bonanza decodes trading strategies in IT stocks - Infosys, TCS, HCL Technologies, L&T Technology Services and Tata Elxsi post Q3 earnings. Here's what expert says.

Infosys, TCS, HCL Tech, 2 others: How to trade IT stocks post Q3 results?
Updated On : 16 Jan 2026 | 8:49 AM IST

70% of Nifty 500 stocks in red in Jan 2026: What's next for Indian markets?

Indian stock markets start 2026 on a weak note, with 70 per cent of Nifty 500 stocks in red amid FII selling, global uncertainty, and tariff worries

70% of Nifty 500 stocks in red in Jan 2026: What's next for Indian markets?
Updated On : 14 Jan 2026 | 11:03 PM IST

Nestle India up 10% in 5 weeks; how much more can this FMCG stock gain?

Analysts at Choice Equity Broking expect the stock to rally past ₹1,500-mark on the upside, indicating a potential upside of over 14 per cent from current levels.

Nestle India up 10% in 5 weeks; how much more can this FMCG stock gain?
Updated On : 14 Jan 2026 | 11:00 AM IST

Godfrey Phillips bounces back 8% from recent low, ITC sulks; Chart check

Analysts attribute the pullback in Godfrey Phillips to value-buying, as the stock had shed nearly 50% in the last five months. ITC, meanwhile, has witnessed a gradual 29% dip from September 2024 high.

Godfrey Phillips bounces back 8% from recent low, ITC sulks; Chart check
Updated On : 13 Jan 2026 | 1:53 PM IST

Bajaj Finance stock seen testing 200-DMA after 13 months: Technical chart

Bajaj Finance stock is seen testing the 200-DMA for the first time since January 2025. That apart, Radico Khaitan is also seen testing the long-term moving average after a gap of 10 months.

Bajaj Finance stock seen testing 200-DMA after 13 months: Technical chart
Updated On : 13 Jan 2026 | 10:29 AM IST

FIIs up shorts in Nifty futures, net sell 50K contracts in 3 days: F&O data

Despite Monday's sharp recovery, FIIs were net sellers of ₹1,228 crore in index futures yesterday. Here are the key highlights from the derivatives data.

FIIs up shorts in Nifty futures, net sell 50K contracts in 3 days: F&O data
Updated On : 13 Jan 2026 | 9:13 AM IST