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 flat on the last trading session of the week. At 12.01 pm, both Sensex, as well as Nifty, were spotted in the red zone, slipping 0.30 per cent each at 57,425.65 and 17,170.25 levels, respectively. 

Reliance, Bharti Airtel, and Kotak Mahindra Bank emerged as the top gainers of the day, which advanced 0.90 per cent, 0.81 per cent & 0.68 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)

LTI March 31 6,182.40 -0.24 -6.22
DRREDDY March 31 4,320.35 -0.18 -5.86
TCS March 31 3,749.85 -0.04 -5.34
DALBHARAT March 31 1,381.45 -0.86 -5.13
ZYDUSLIFE March 31 363.30 -1.33 -4.59
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