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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.

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Five stocks witnessing long unwinding

The markets opened in green on Tuesday. However, at 11.02 am, both Sensex and Nifty were spotted in the red zone. Sensex was seen trading at 59,878.56, down by 0.33 per cent while Nifty was at 17,823.75, down by 0.18 per cent.

Power Grid, NTPC, and Titan emerged as the top three gainers of today’s session, which surged 4.69 per cent, 2.80 per cent & 1.77 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

OFSS

               Sept 30

             4,561.45

                    -0.46

                 -36.92

GMRINFRA

               Sept 30

                      36.3  

                    -0.82    

                -24.55

BERGEPAINT

               Sept 30

                   824.4

                    -0.79

                -21.78   

SYNGENE

               Sept 30

                630.25    

                   -0.94

                  -20.7

MUTHOOTFIN

               Sept 30

                   1,486

                   -0.47

               -19.37    

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