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.

On the first trading session of the week, the domestic benchmark indices opened in the red. However, at 11.11 am, both Sensex and Nifty were seen trading in the positive territory. Sensex climbed 0.42 per cent at 57,349.83 levels while Nifty inched higher by 0.27 per cent at 17,072.25 levels. 

Reliance Industries, HCL Technologies, and Dr Reddy's Laboratories emerged as the top three gainers today, which surged 2.98 per cent, 2.91 per cent & 1.85 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)

CHAMBLFER

             Dec 30

                     361.2

                      -2.19

                      -2.84

CUMMINSIND

             Dec 30

                   871.00

                      -0.14

                      -2.5

IBULHSGFIN

             Dec 30

                   242.15

                      -2.00

                      -1.84

MARICO

             Dec 30

                     538.4

                      -1.36

                      -0.76

EXIDEIND

             Dec 30

                163.55

                      -1.33

                      -0.58

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