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 fourth trading session of the week in the positive territory. At 11.16 am, both Sensex, as well as Nifty, were spotted in the green zone, surging 1.77 per & 1.68 per cent at 57,824.35 and 17,260.80 levels, respectively.

HDFC, Titan, and Kotak Mahindra Bank emerged as the top gainers of the day, which climbed 4.31 per cent, 4.19 per cent & 3.19 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)

ABB March 31 2,167.75 -1.23 -1.77
ZYDUSLIFE March 31 375.70 -0.03 -1.36
LAURUSLAB March 31 577.00 -0.77 -0.85
POWERGRID March 31 210.20 -0.10 -0.38
BALRAMCHIN March 31 478.00 -1.82 -0.30
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