ZEEL, IEX among 5 stocks with top long unwinding
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Bearish Signs
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 Wednesday's trading session, five stocks witnessed a top-long unwinding. Here's the list:
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SAIL
OI change on January 3: -3.07%
Change in stock price: -3.03%
Change in stock price: -3.03%
3/6
IEX
OI change on January 3: -2.68%
Change in stock price: -2.15%
Change in stock price: -2.15%
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4/6
Hind Copper
OI change on January 3: -1.66%
Change in stock price: -1.35%
Change in stock price: -1.35%
5/6
Zeel
OI change on January 3: -1.64%
Change in stock price: -1.26%
Change in stock price: -1.26%
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Hindalco
OI change on January 3: -1.08%
Change in price: -3.96%
Change in price: -3.96%