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 Wednesday's session on a lower note. At 10.49 am, both Sensex, as well as Nifty, were spotted in the red zone at 56,780.85 and 16,908.00 levels, plummeting 0.57 per cent & 0.58 per cent, respectively. 

Sun Pharma, Dr Reddy's Laboratories, and Mahindra & Mahindra emerged as the top gainers of the day, which climbed 2.06 per cent, 1.21 per cent & 1.06 per cent, respectively. 

 

Following are the stocks where profit booking is seen taking place in the F&O segment:

Symbol

Expiry date

LTP

% change

OI change (%)

SBILIFE Sept 29 1,234.80 -0.82 -42.88
HINDPETRO Sept 29 219.15 -1.44 -41.65
AMBUJACEM Sept 29 503.35 -0.35 -39.20
ADANIPORTS Sept 29 837.20 -0.88 -38.15
MARUTI Sept 29 8,760.10 -0.12 -38.03
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1 comments on article "Five stocks witnessing long unwinding"

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bankeyviharisharma

Penny stocks are Penny stocks.

High risk ,high reward

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