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 week in the red zone. At 11.07 am, both Sensex, as well as Nifty, were trading in the negative territory i.e. down by 1.66 per cent & 1.64 per cent at 57,949.51 and 17,316.30 levels, 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)

ACC Feb 24 2,268.00  -1.62 -5.65
LALPATHLAB Feb 24 2,842.10 -2.96 -4.72
WHIRLPOOL Feb 24 1,764.15 -2.11 -3.78
CHAMBLFERT Feb 24 400.00 -1.96 -3.48
ABBOTINDIA Feb 24 16,426.55 -1.36 -2.45
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