Sell Tata Steel, advises Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Tata Steel is a short sell. For few days the chances are that it will go down to Rs 350-355. There is downside still possible for a short-term trader."

"Hindalco Industries is very difficult to suggest as a short sell, it's very weak. It's also coming to a very strong support level. From all the metal stocks, Jindal Steel & Power and Tata Steel for the short-term traders are the opportunity to go and sell," he said.