Abhijit Paul of alphative.com told CNBC-TV18, "It is quite tough to make a call. It is exactly the opposite of what we saw in yesterday's trade. The best strategy for this kind of market is to probably stay on the sidelines and wait out for the choppiness to play out. Having said that, there is still some scope where we can probably buy a BTST trade."
"IDFC is one stock which I want to buy for the opening tomorrow. The stock is holding fairly well into an uptrend. It seems like it can extend further up for a test of Rs 108-110 on the upside. I will use a stop loss for such a trade close to Rs 100," he added.
"Coal India is one stock which has been fairly weak across all timeframes and I will recommend an STBT of a short trade in Coal India, target Rs 273 and a stop loss of Rs 290."
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