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 Thursday's trading session on a flat note amid mixed global cues. At 11.58 am, both Sensex, as well as Nifty, were spotted in the green zone at 61,226.21 and 18,243.75 levels, inching higher by 0.12 per cent & 0.17 per cent, respectively. 

The top three gainers of today's session include Tata Steel, Sun Pharma, and Power Grid, which soared 4.86 per cent, 3.78 per cent & 1.98 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)

MOTHERSUMI Jan 27 243.2  -0.43 -7.27
AARTIIND Jan 27 1,105.4 -0.25 -4.93
ASHOKLEY Jan 27 137.00 -1.44 -4.04
DELTACORP Jan 27 290.7 -0.34 -2.51
RBLBANK Jan 27 148.2 -0.44 -1.22
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