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 in the green on the first trading session of the week. However, at 11.56 am, both Sensex and Nifty were seen trading in the negative territory at 59,987.63 & 17,902.90 levels, down by 0.13 per cent and 0.08 per cent, respectively.

UltraTech Cement, Titan, and Bajaj Finserv emerged as the top three gainers of the day, inching higher by 4.60 per cent, 3.43 per cent & 2.17 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)

IDEA

                   Nov 25

                      10.00

                        -0.99

                        -0.47

ABFRL

                   Nov 25

                      287.7

                        -0.83

                        -0.45

ESCORTS

                   Nov 25

                  1,491.5

                        -2.62

                        -0.32

APOLLOHOS

                   Nov 25

                  4,443.7

                           -0.2

                        -0.18

ASIANPAINT

                   Nov 25

                  3,126.7

                        -1.01

                        -0.16

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