Four stocks witnessing long unwinding

Four 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 second trading session of the week on a positive note. At 11.17 am, both Sensex as well as Nifty climbed 1.52 per cent each and were seen trading at 57,607.00 & 17,169.10 levels, respectively. 

Kotak Mahindra Bank, ICICI Bank, and Tata Steel emerged as the top three gainers of today's session, which surged 3.40 per cent, 3.09 per cent & 2.79 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)

IDEA

             Dec 30

                     14.75

                      -1.34

                      -0.97

LTTS

             Dec 30

                  5,215.7

                      -0.39

                      -0.86

APOLLOHOSP

             Dec 30

                5,295.05

                      -0.48

                      -0.63

BHARTIARTL

             Dec 30

                   698.1

                      -0.16

                      -0.16

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