Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "I also had a buy call that was for Coal India. Coal India is reporting earnings, but the stock price tells us that there is strong support at Rs 295."
He further added, "I feel next week will give us a lot of short selling opportunities. If there is a rally and that rally faces resistance then lot of selling should come in. One of them is Tata Motors. Tata Motors is already cracking, Rs 300 is the utmost, that is the place where it has not crossed. So I would be bearish on Tata Motors. Look for intraday or any other occasion, small rallies to sell into it."
"Second is IndusInd Bank. The banks are cracking. Now it is not easy, distribution is never easy, it comes slowly. IndusInd Bank has been in a downtrend, that downtrend should be sustained throughout the next week. So I would be a seller there," Sukhani said.
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