DSIJ Mindshare

Five stocks witnessing long unwinding
Avalokita Pandey
/ Categories: Trending, Mindshare

Five stocks witnessing long unwinding

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 of the week in the red zone. At 11.15 am, both Sensex, as well as Nifty, tanked 0.58 per cent & 0.38 per cent to be at 57,160.28 and 17,083.95 levels, respectively. 

Axis Bank, Bharti Airtel, and IndusInd Bank emerged as the top three gainers of the day, which surged 5.57 per cent, 3.40 per cent & 2.46 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)

ASTRAL Jan 27 2,130.00  -1.91 -54.89
GRANULES Jan 27 301.85 -0.87 -48.73
HONAUT Jan 27 41,849.00 -1.0 -33.86
BHARATFORG Jan 27 717.00 -0.09 -33.61
TITAN Jan 27 2,374.00 -1.31 -32.78
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