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 Monday's session on a weak note. At 11.39 am, both Sensex, as well as Nifty, were trading in the red zone, down by 0.73 per cent & 0.68 per cent at 57,274.63 and 17,080.05 levels, respectively. 

HDFC, ICICI Bank, and Tata Steel emerged as the top three gainers today, which inched higher 0.77 per cent, 0.75 per cent & 0.59 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)

PERSISTENT

             Dec 30

                4,253.65

                      -2.05

                      -2.13

BSOFT

             Dec 30

                     479.8

                      -1.12

                      -1.47

BERGEPAINT

             Dec 30

                   725.95

                      -0.77

                      -1.07

COALINDIA

             Dec 30

                   150.45

                      -6.23

                      -1.01

PIDILITIND

             Dec 30

                2,217.15

                      -0.08

                      -0.75

Previous Article Buzzing Stocks: These 2 stocks should be on your watchlist
Next Article Five stocks witnessing short covering
Rate this article:
3.0

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