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.

The domestic benchmark indices opened on a negative note on Tuesday and even at 11.15 am, both Sensex and Nifty were trading in the red zone. Sensex was down by 0.06 per cent at 59,263.31 while Nifty was at 17,687.15, down by 0.02 per cent.

Bharti Airtel, Asian Paints, and Induslnd Bank emerged as the top three gainers today, inching higher by 2.16 per cent, 1.33 per cent & 1.29 per cent, respectively.

 

These 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)

ACC

                    Oct 28

                  2,265.5

                        -0.21

                        -1.15

SUNPHARMA

                    Oct 28

                   823.35

                        -1.24

                        -1.05

DLF

                    Oct 28

                   420.55

                        -1.36

                        -0.98

CANFINHOM

                    Oct 28

                   704.25

                        -1.38

                        -0.67

CANBK

                    Oct 28

                      179.4

                           -1.7

                        -0.45

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