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.

On Monday, the domestic benchmark indices plunged in the opening trade. Even at 11.09 am, both Sensex, as well as Nifty, were spotted in the negative territory i.e. at 55,611.13 and 16,576.55 levels, plummeting 0.44 per cent & 0.49 per cent, respectively. 

Tata Steel, Power Grid, and NTPC emerged as the top gainers, which surged 4.30 per cent, 2.41 per cent & 1.23 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)

GUJGASLTD March 31 590.35 -1.78 -2.91
STAR March 31 321.40 -3.05 -0.76
NBCC March 31 38.25 -1.80 -0.71
RECLTD March 31 120.40 -0.08 -0.10
HCLTECH March 31 1,126.60 -0.51 -0.06
Previous Article These smallcap stocks opened up by 5 per cent in today's session!
Next Article Watch out for these low price stocks locked in the upper circuit on February 28!
Rate this article:
5.0

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR