Avoid Coal India, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "The decline in Coal India has been sensational for want of a better world. We don't buy it. It will find support at some point or the other but even inspite of the decline it is not a short sell because slightest signs of stability could easily see Coal India reverse itself. There are many stocks where we just have to say let us avoid it and this is one of them."On Wednesday, Coal India closed at Rs 371.45, down Rs 21.75, or 5.53 percent. It has touched an intraday high of Rs 396 and an intraday low of Rs 363.