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 Tuesday at 11.43 am, both Sensex and Nifty were seen trading in the negative territory. While Sensex was down by 0.23 per cent at 59,996.07, Nifty was down by 0.24 per cent at 17,903.05.

The top three gainers of today’s session include Titan, Bajaj Finserv, and Bajaj Auto, which plunged 4.12 per cent, 2.95 per cent & 2.58 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)

JKCEMENT

                    Oct 28

                  3,413.5

                        -1.26

                        -5.35

BHEL

                    Oct 28

                      66.85

                        -0.07

                        -3.21

BANKBAROD

                    Oct 28

                         86.7

                        -1.08

                       -2.67 

INDUSTOWER

                    Oct 28

                      299.8

                        -1.62

                        -1.31

DEEPAKNTR

                    Oct 28

               2,862.00

                        -0.45

                        -1.03

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