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 negative note. At 10.52 am, both Sensex, as well as Nifty, were spotted in the red zone, down by 1.21 per cent & 1.26 per cent at 58,322.96 and 17,395.65 levels, respectively. 

 

Sun Pharma, NTPC, and ICICI Bank emerged as the top three gainers of the day, which climbed 1.34 per cent, 0.63 per cent & 0.55 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)

ASTRAL Jan 27 2,228.6  -6.27 -29.25
ICICIPRULI Jan 27 565.75 -1.92 -26.64
POLYCAB Jan 27 2,446.7 -2.72 -26.6
JUBLFOOD Jan 27 3,631.85 -1.89 -24.84
GLENMARK Jan 27 481.95 -0.06 -23.12
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