Needle Action Activity Spotted in Pincon Spirit Ltd (PINCON.BO) – Dasherbusinessreview.com

Needle Action Activity Spotted in Pincon Spirit Ltd (PINCON.BO) – Dasherbusinessreview.com

Needle moving action has been spotted in Pincon Spirit Ltd (PINCON.BO) as shares are moving today on volatility -2.51% or -1.85 from the open. The BSE listed company saw a recent bid of 72.00 and 27509 shares have traded hands in the session.

Moving into the second half of the year, investors may be scrutinizing their stock portfolios to see what has gone right and what has gone wrong in the first half. Maybe the first half of the year didn’t provide the returns that were anticipated. Maybe returns exceeded expectations. Whatever the case, investors will most likely be looking to either turn the ship around or keep charging forward. Occasionally, new investors will have some bad initial stock market experiences and accumulate losses right out of the gate. This can sometimes prevent them from staying in the market. Although stock picking might seem easy to those that have been in the mix for a long time, it may seem extremely difficult for the novice. Staying disciplined and focused can be a big asset to individual investors.

Deep diving into the technical levels for Pincon Spirit Ltd (PINCON.BO), we note that the equity currently has a 14-day Commodity Channel Index (CCI) of 77.65. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

Pincon Spirit Ltd’s Williams Percent Range or 14 day Williams %R currently sits at -29.23. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Currently, the 14-day ADX for Pincon Spirit Ltd (PINCON.BO) is sitting at 30.62. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSIfor Pincon Spirit Ltd (PINCON.BO) is currently at 58.42, the 7-day stands at 61.69, and the 3-day is sitting at 50.26.

 

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Note :   Pincon Spirit Ltd is country spirit Manufacture company having office in Kolkata. Highland BlueUltra Force Rumand Bangla No. 1 is the highest selling liquor in West Bengal

Pincon Spirit Ltd (PINCON.BO) Shares Needle Moving 1.39% – Spartareview.com

Pincon Spirit Ltd (PINCON.BO) Shares Needle Moving 1.39% – Spartareview.com

Shares of Pincon Spirit Ltd (PINCON.BO) have seen the needle move 1.39% or 1.00 in the most recent session. The BSE listed company saw a recent bid of $72.90 on 67431 volume.

There are various factors to examine when looking at what spurs growth in the stock market. Many investors will monitor macro-economic factors that influence the price of shares. Some of these factors include the overall condition of the economy and market sentiment. Following the macro factors, investors may employ a top down approach when viewing the equity markets. This may include starting with a sector poised for growth and filtering down to specific stock that meet the investor’s criteria. Another way to approach the stock market is to view the micro-economic factors that influence stocks. This may include studying company profits, news, and the competence of overall management. Investors will often try to piece together all the different information available in order to select stocks that will have a positive impact on the long-term strength of the portfolio.

Taking a deeper look into the technical levels of Pincon Spirit Ltd (PINCON.BO), we can see that the Williams Percent Range or 14 day Williams %R currently sits at -20.00. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Pincon Spirit Ltd (PINCON.BO) currently has a 14-day Commodity Channel Index (CCI) of 121.09. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, Pincon Spirit Ltd’s  14-day RSI is currently at 64.83, the 7-day stands at 79.13, and the 3-day is sitting at 90.53.

Currently, the 14-day ADX for Pincon Spirit Ltd (PINCON.BO) is sitting at 29.98. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

 

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Note :   Pincon Spirit Ltd is country spirit Manufacture company having office in Kolkata. Highland BlueUltra Force Rumand Bangla No. 1 is the highest selling liquor in West Bengal

A Chartists Perspective on Pincon Spirit Limited (PINCON.NS) – 6milestandard.com

A Chartists Perspective on Pincon Spirit Limited (PINCON.NS) – 6milestandard.com

Traders may be trying to figure out whether it is a good time to enter or exit a position in Pincon Spirit Limited (PINCON.NS). The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. The ADX alone measures trend strength but not direction. Using the ADX with the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) may help determine the direction of the trend as well as the overall momentum. Many traders will use the ADX alongside other indicators in order to help spot proper trading entry/exit points. Currently, the 14-day ADX is 20.36.  Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would indicate a strong trend. A value of 50-75 would signal a very strong trend, and a value of 75-100 would indicate an extremely strong trend.

Pincon Spirit Limited (PINCON.NS) presently has a 14-day Commodity Channel Index (CCI) of 138.87. Typically, the CCI oscillates above and below a zero line. Normal oscillations tend to stay in the range of -100 to +100. A CCI reading of +100 may represent overbought conditions, while readings near -100 may indicate oversold territory. Although the CCI indicator was developed for commodities, it has become a popular tool for equity evaluation as well. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. The 14-day RSI for Pincon Spirit Limited (PINCON.NS) is currently at 66.33, the 7-day stands at 79.29, and the 3-day is sitting at 88.50.

Taking a peek at some Moving Averages, the 200-day is at 67.92, and the 50-day is 70.02. Dedicated investors may be looking to employ another tool for doing technical stock analysis. The Williams Percent Range or Williams %R is a technical indicator that was designed to measure overbought and oversold market conditions. The Williams %R indicator helps show the relative situation of the current price close to the period being observed. Pincon Spirit Limited (PINCON.NS)’s Williams Percent Range or 14 day Williams %R presently is at -7.77. In general, if the reading goes above -20, the stock may be considered to be overbought. Alternately, if the indicator goes under -80, this may show the stock as being oversold.

Investors may be trying to decide if the current market environment remains bullish. It can be extremely difficult to decide when to sell, especially when data seems positive and most signs are pointing higher. Jumping in to buy stocks on a pullback may seem like a good idea, but following specific sectors may become increasingly more important. Following long-term trends may help the investor see the bigger picture of what has been going on with a specific stock or sector. Deciding to sell a winner after a big run can be tempting, but knowing the underlying causes for the run may help identify if there may indeed be more room for gains. Avoiding common investing pitfalls may take many years to master, but it may end up determining long-term success.

 

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Note :   Pincon Spirit Ltd is country spirit Manufacture company having office in Kolkata. Highland BlueUltra Force Rumand Bangla No. 1 is the highest selling liquor in West Bengal

Liquor stocks spike on Supreme Court nod for denotifying highways in cities; United Breweries soars 2% – financialexpress.com

Liquor stocks spike on Supreme Court nod for denotifying highways in cities; United Breweries soars 2% – financialexpress.com

Shares of breweries and distilleries companies rose upto 13% after the Supreme Court verdict on giving its nod to Chandigarh administration’s notification denotifying some highways to allow continued sale of liquor from vends within 500 metres of the roads. The shares Tilaknagar Industries surged 13.26% to close at Rs 14.25 while the alcoholic sector leaders in India by asset size, United Spiritsand United Breweries ended up 1.18% to Rs 2,669 and 2.43% to Rs 820.35 respectively.

Other liquor stocks which gained during the day includes Globus Spirits (up 4.84% at Rs 78), Khoday India (up 4.99% at Rs 70.45), Ravi Kumar Distilleries (up 3.45% at Rs 10.19), Chambal Brewery (up 4.91% at Rs 8.55), Pioneer Distilleries (up 2.84% at Rs 216.9), IFB Agro (up 1.15 at Rs 435.65), Som Distilleries (up 0.81% at Rs 136.5), GM Breweries (up 1.75% at Rs 477), Associated Alcohol and Breweries (up 1.12% at Rs 163), Radico Khaitan (up 1.8% at Rs 136), Pincon Spirit (up 0.98% at Rs 72.15).

The latest ruling of apex court’s refusal to set aside the notification may also lead other states to denotify highways criss-crossing the cities to allow liquor vends to continue operating. “The notification by the Chandigarh administration said that road will be denotified within the limit of the city and it does not say that the liquor vends will be regularised,” it said.

The apex court also dismissed other interlocutory applications (IAs) of various individuals, hotels, clubs and companies and liquor vendors’ associations seeking relief from the earlier order of the apex court saying these are not maintainable.

The pressure on liquor stocks is into effect after the Supreme Court in its 15 December 2016 judgement had banned the sale of liquor within 500 meters from the edge of the national and state highways which came into effect from 2 April this year. However, later today, Supreme Court exempted Arunachal Pradesh and Andaman and the Nicobar Islands from the 500-metre cap on liquor vends along highways.

 

Read Full Article financialexpress.com

Note :   Pincon Spirit Ltd is country spirit Manufacture company having office in Kolkata. Highland BlueUltra Force Rumand Bangla No. 1 is the highest selling liquor in West Bengal