Five stocks witnessing long unwinding

Five stocks witnessing long unwinding

Avalokita Pandey
/ Categories: Trending, Mindshare

Long unwinding refers to selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.

On the second trading session of the week, the domestic benchmark indices opened in the green zone. At 11.39 am, Sensex, as well as Nifty, were spotted in the positive territory, up by 0.79 per cent each, trading at 57,873.87 & 17,222.00 levels, respectively. 

Asian Paints, Tech Mahindra, and Larsen & Toubro emerged as the top three gainers today, which surged 2.48 per cent, 1.93 per cent & 1.86 per cent, respectively. 

 

Following are the stocks where profit booking is seen taking place in the F&O segment:

Symbol

Expiry date

LTP

Per cent change

OI change (per cent)

ABFRL Dec 30 272.75  -0.75 -25.19
AUROPHARMA Dec 30 723.55 -0.6 -19.81
NATIONALUM Dec 30 100.65 -0.35 -16.74
HDFC Dec 30 2,556.5 -0.22 -10.46
KOTAKBANK Dec 30 1,772.45 -0.01 -9.54
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