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 second trading session of the week, Sensex and Nifty opened in the green. At 11.47 am, Sensex was seen trading at 57,275.73 levels, up by 0.03 per cent while Nifty was up by 0.01 per cent to be at 17,054.85 levels. 

Power Grid Corporation, Axis Bank, and Bajaj Finserv emerged as the top three gainers today, which climbed 2.75 per cent, 1.77 per cent & 1.63 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)

INDUSTOWER

             Dec 30

                     281.3

                      -0.14

                      -7.86

CROMPTON

             Dec 30

                    441.1

                      -0.52

                      -3.47

OFSS

             Dec 30

                  4,203.5

                       -0.1

                      -3.19

COLPAL

             Dec 30

                1,446.55

                      -0.27

                      -2.05

MFSL

             Dec 30

                    935.2

                      -0.31

                      -1.64

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