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 the second trading session of the week on a strong note. At 11.09 am on Tuesday, both Sensex, as well as Nifty, were seen trading in the positive territory i.e. up by 0.52 per cent & 0.44 per cent at 59,491.26 levels and 17,704.00 levels, respectively. 

NTPC, Power Grid, and State Bank of India emerged as the top three gainers today, which jumped 3.53 per cent, 2.44 per cent & 2.41 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)

LALPATHLAB Jan 27 3,833.25  -0.94 -3.3
BSOFT Jan 27 561.5 -1.53 -2.18
MUTHOOTFIN Jan 27 1,539.4 -0.3 -1.06
HINDALCO Jan 27 477.7 -0.54 -0.82
NAVINFLUOR Jan 27 4,178.6 -1.55 -0.68
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