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.

On the last working day of the week, Sensex opened at a record level, crossing 60 thousand for the first time! At 11.16 am on Friday, Sensex was seen trading at 60,211.84, up by 0.55 per cent while Nifty was up by 0.48 per cent at 17,908.15.

The top three gainers of today’s session include Asian Paints, Bharti Airtel and HCL Technologies, which are up by 4.44 per cent, 3.13 per cent & 2.38 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

APOLLOTYRE

               Sept 30

                231.45

                   -2.26 

                    -5.91

POLYCAB

               Sept 30

            2,413.15

                -0.91    

                    -3.59

NAVINFLUOR

               Sept 30

               3,896.6 

                -0.82    

                      -3.2

CANFINHOM

               Sept 30

              669.1     

                  -1.93  

                    -3.11

SRF

               Sept 30

         10,972.05

                 -0.32   

                   -2.64

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