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.

Extending the losses of the previous day, both Sensex and Nifty opened mildly in red on the last day of the month. At 11.19 am on Thursday, Sensex was trading at 59,376.93, down by 0.06 per cent while Nifty was at 17,691.40, down by 0.11 per cent.

Sun Pharmaceutical Industries, Dr Reddy’s Laboratories, and Titan emerged as the top three gainers today, inching higher by 2.40 per cent, 1.77 per cent & 1.22 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)

ALKEM

               Sept 30

             3,945.05

                     -0.04   

                   -77.27

CHOLAFIN

               Sept 30

                 571.85

                     -0.15   

                    -70.1    

GRANULES

               Sept 30

                    321.7

                    -0.31

                 -51.75

BERGEPAINT

               Sept 30

                    816.3

                    -0.15

                 -50.75

NAUKRI (Info Edge)

               Sept 30

              6,455.00

                    -0.09

                 -50.04

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