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 fourth trading session on a negative note. At 12.14 pm, both Sensex, as well as Nifty, were trading in the red zone at 59,369.40 and 17,686.20 levels, down by 1.42 per cent & 1.33 per cent, respectively. 

Bharti Airtel and Maruti emerged as the top two gainers today, which climbed 2.66 per cent & 0.76 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)

DALBHARAT Jan 27 1,899.9  -0.71 -9.28
HAL Jan 27 1,264.00 -1.0 -4.66
IPCALAB Jan 27 2,161.25 -0.06 -4.32
BPCL Jan 27 393.75 -0.44 -3.76
NTPC Jan 27 129.5 -1.75 -2.52
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