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 with gains on the third trading session of the week. At 11.13 am, Sensex, as well as Nifty, were trading in the green zone at 57,563.48 and 17,168.00 levels, climbing 0.46 per cent & 0.44 per cent, respectively. 

The top gainers of the day include Kotak Mahindra Bank, Titan, and Maruti, which surged 3.10 per cent, 2.49 per cent & 1.60 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)

MARICO Feb 24 503.20 -0.26 -30.61
MINDTREE Feb 24 3,807.50 -0.51 -23.17
UPL Feb 24 692.85 -0.03 -22.81
INDIGO Feb 24 2,046.60 -0.86 -22.33
DABUR Feb 24 545.60 -0.64 -21.58
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