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 plunged in the opening trade. Even at 12.12 pm, both Sensex, as well as Nifty, were spotted in the negative territory i.e. at 55,553.00 and 16,560.75 levels, plummeting 2.93 per cent & 2.94 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)

APLLTD Feb 24 708.30 -1.45 -67.13
BAJAJ-AUTO Feb 24 3,532.00 -1.40 -63.99
GODREJCP Feb 24 784.10 -2.25 -60.96
BERGEPAINT Feb 24 689.85 -5.55 -59.56
AUBANK Feb 24 1,200.35 -5.75 -58.61
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