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 on the fourth trading session of the week. However, at 11.14 am, both Sensex and Nifty were spotted in the green zone. Sensex was up by 0.32 per cent at 58,525.57 levels while Nifty inched higher by 0.20 per cent to be at 17,449.20 levels. 

The top three gainers of today's session include Reliance Industries, Dr Reddy's Laboratories, and Kotak Mahindra Bank, which surged 3.77 per cent, 1.46 per cent & 1.20 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)

GODREJCP

             Nov 25

                     902.8

                      -1.26

                   -69.72

CHOLAFIN

             Nov 25

                   583.45

                      -1.39

                    -66.75

ADANIENT

             Nov 25

                  1,755.5

                      -0.03

                    -64.84

PAGEIND

             Nov 25

                39,761.5

                      -0.2

                    -64.81

PIDILITIND

             Nov 25

                  2,251.7

                      -0.88

                    -64.23

Previous Article List of stocks bucking negative trend of market: Do you have these outperforming stocks? If not, check out why they should be on your radar!
Next Article Five stocks witnessing short covering
Rate this article:
3.2

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR