🟡 Profit Booking Mode: Long Unwinding Seen in 79 Stocks

A wave of long unwinding was observed in 79 stocks on Friday (24th Oct), with both price and open interest (OI) declining. This signals profit-taking or traders exiting earlier long positions. Counters like

(-1.62%, OI -12.07%), (-1.19%, OI -9.65%), and (-0.38%, OI -8.35%) led the list. Stocks such as , LICI, MCX, , and also saw mild pressure. The trend indicates short-term caution as participants lighten positions following the recent rally. The broader tone remains steady, though selective consolidation may continue in the near term. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.