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 first trading session of the week on a negative note. At 11.15 am, both Sensex as well as Nifty slipped 1.97 per cent each and were seen trading at 57,007.67 & 17,031.90 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)

BRITANNIA Feb 24 3,434.40  -1.59 -8.06
DIVISLAB Feb 24 4,234.80 -1.45 -7.38
CHAMBLFERT Feb 24 381.15 -1.87 -6.93
COFORGE Feb 24 4,409.50 -1.45 -6.76
PFC Feb 24 120.80 -0.62 -5.86
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