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 red after a long weekend as the markets were closed on Friday on the occasion of 'Guru Nanak Jayanti'. At 11.09 am on Monday, both Sensex and Nifty were seen trading in the negative territory at 58,971.27 & 17,557.45 levels, down by 1.11 per cent and 1.17 per cent, respectively. 

Bharti Airtel, Asian Paints, and Power Grid emerged as the top three gainers today, which surged 4.09 per cent, 2.05 per cent & 1.38 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)

ESCORTS

             Nov 25

                  1,794.2

                      -0.4

                   -27.58

UPL

             Nov 25

                    732.7

                      -1.42

                    -17.48

BOSCHLTD

             Nov 25

              17,385.00

                      -2.25

                    -13.44

MINDTREE

             Nov 25

                4,815.00

                      -0.34

                    -10.33

TATAPOWER

             Nov 25

                   230.00

                      -2.87

                      -9.23

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