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 last trading session of the month of January on a positive note. At 11.14 am, both Sensex, as well as Nifty, were trading in the green zone i.e. at 57,993.08 and 17,335.95 levels, up by 1.39 per cent & 1.37 per cent, respectively. 

Tech Mahindra, Wipro, and Dr Reddy's Laboratories emerged as the top three gainers of the day, which surged 4.70 per cent, 3.48 per cent & 3.34 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)

HONAUT Feb 24 41,529.90  -1.26 -6.35
ATUL Feb 24 9,734.00 -1.45 -2.84
SRF Feb 24 2,378.20 -0.94 -0.44
BALRAMCHI Feb 24 419.00 -0.79 -0.36
NTPC Feb 24 137.45 -0.04 -0.32
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