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 positive note on the third trading session of the month. At 11.19 am, both Sensex and Nifty were trading in the green, up by 0.44 per cent and 0.48 per cent at 60,295.94 & 17,973.95 levels.

Larsen & Toubro, Tech Mahindra, and UltraTech Cement emerged as the top three gainers today, inching higher by 4.40 per cent, 2.20 per cent & 1.54 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)

LTTS

                   Nov 25

                4,885.00

                          -0.6

                        -3.39

ABBOTINDIA

                   Nov 25

                20,344.8

                        -0.29

                        -0.62

IDEA

                   Nov 25

                       10.00

                        -0.99

                        -0.45

BERGEPAINT

                   Nov 25

                       758.6

                        -0.12

                        -0.41

LTI

                   Nov 25

                   6,736.3

                        -0.75

                        -0.23

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