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 second trading session of the week on a strong note. However, at 11.21 am, both Sensex, as well as Nifty, were spotted in the negative territory i.e. down by 0.59 per cent & 0.56 per cent at 57,283.42 and 17,117.05 levels, respectively. 

Bajaj Finserv, Bajaj Finance, and Titan emerged as the top three gainers of the day, which climbed 1.14 per cent, 0.96 per cent & 0.89 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)

ABB Feb 24 2,248.45  -0.40 -7.79
GNFC Feb 24 512.65 -0.50 -3.71
DELTACORP Feb 24 273.90 -3.35 -3.31
GUJGASLTD Feb 24 671.25 -2.91 -2.06
ALKEM Feb 24 3,452.10 -0.48 -1.78
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