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 weak note. At 11.21 am, both Sensex as well as Nifty plunged 0.51 per cent each and were seen trading at 59,255.12 & 17,689.45 levels, respectively. 

Maruti, Titan, and Asian Paints emerged as the top three gainers of the day, which surged 2.60 per cent, 1.23 per cent & 1.19 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)

ABCAPITAL Feb 24 126.20  -0.51 -4.61
ABB Feb 24 2,290.95 -0.45 -2.71
TECHM Feb 24 1,474.15 -0.75 -2.32
NTPC Feb 24 137.55 -0.18 -1.88
INDHOTEL Feb 24 218.50 -0.46 -1.61
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