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 Thursday but at 11.40 am, both Sensex & Nifty were spotted in the negative territory. Sensex was seen trading at 59,475.82 levels, down by 0.89 per cent while Nifty plunged 1.00 per cent to be at 17,719.45 levels.

Power Grid and Asian Paints were the only two gainers in today's session, which inched higher by 0.50 per cent and 0.13 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)

GSPL

             Nov 25

                  310.00

                      -3.58

                      -8.36

DIXON

             Nov 25

               5,363.85

                      -1.76

                      -6.66

INDHOTEL

             Nov 25

                  209.95

                      -2.89

                        -4.6

WHIRLPOOL

             Nov 25

                2,290.00

                       -1.1

                      -3.51

LTTS

             Nov 25

                5,599.15

                      -1.55

                      -3.15

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