Short Tata Steel, Hindalco; see more downside: Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Tata Steel and Hindalco Industries continue to be shorting ideas much to our regret but there is more downside here. Also, Jubilant Foodworks is a short sell. Continuing with the metal space Steel Authority of India (SAIL) is breaking support levels. So, there are opportunities in stocks on the short side."At 11:35 hrs Tata Steel was quoting at Rs 241.45, up Rs 4.35, or 1.83 percent. It has touched an intraday high of Rs 243.25 and an intraday low of Rs 234.40.