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Profit Booking
Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Friday’s trading session, five stocks witnessed a long unwinding. Here’s the list:
ANI

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Deepak Nitrite
OI change on November 8: -1.77%Change in stock price: -3.74%
Agencies

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Jindal Steel and Power
OI change on November 8: -0.41%Change in stock price: -1.66%
ETMarkets.com

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Tata Power
OI change on November 8: -0.35%Change in stock price: -1.98%
IANS

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ONGC looks at mini-LNG plants to evacuate gas from isolated fields
OI change on November 8: -0.27%Change in stock price: -1.64%
Agencies

OI change on November 8: -0.13%Change in stock price: -1.77%
ANI
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This article was originally published by Indiatimes.com. Read the original article here.