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 third trading session of the week on a positive note. At 11.26 am, both Sensex, as well as Nifty, were trading in the green zone i.e. up by 0.76 per cent & 0.60 per cent at 58,246.25 and 17,370.10 levels, respectively. 

The top three gainers of today's session include Maruti, IndusInd Bank, and HCL Technologies, which surged 3.13 per cent, 2.95 per cent & 2.04 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)

VEDL Feb 24 369.70  -0.27 -1.95
ABCAPITAL Feb 24 118.60 -0.21 -1.41
BANKBAROD Feb 24 115.90 -1.90 -0.97
BHEL Feb 24 55.50 -0.63 -0.72
JINDALSTEL Feb 24 413.10 -2.26 -0.71
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