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 Thursday at 11.14 am, both Sensex and Nifty were seen trading in the green zone. While Sensex was at 59,559.05, up by 1.07 per cent, Nifty was at 17,731.60, up by 1.05 per cent.

Bajaj Finserv, Axis Bank, and State Bank of India emerged as the top three gainers of today’s session, inching higher by 4.76 per cent, 2.84 per cent & 2.26 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

ESCORTS

               Sept 30

            1,490.25

                   -2.22

                   -5.22

STAR (Strides Pharma)

               Sept 30

                612.25

                   -2.32

                   -2.76

CIPLA

               Sept 30

                  962.5

                   -0.42

                   -1.33

GMRINFRA

               Sept 30

                     36.1

                   -0.55

                     -0.6

PAGEIND

               Sept 30

                33,100

                    -1.03

                   -0.28

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