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 first trading session of the week on a flat note, moving between gains & losses. At 10.58 am, Sensex was seen trading at 61,343.64 levels, up by 0.20 per cent while Nifty inched higher by 0.24 per cent to be at 18,298.95 levels.

Maruti, Wipro, and State Bank of India emerged as the top three gainers today, which climbed 2.58 per cent, 1.79 per cent & 1.77 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 2,014.25  -0.44 -3.01
APLLTD Jan 27 795.5 -1.20 -2.72
INDIACEM Jan 27 250.25 -2.05 -2.56
ABCAPITAL Jan 27 133.65 -0.48 -2.04
HINDALCO Jan 27 500.9 -1.43 -1.98
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