Ashwani Gujral of ashwanigujral.com suggests, "Some stocks do tend to go up and midcaps will also restart their downside. GSFC tends to outperform in market declines; not really related to global cues, etc. So GSFC is a buy with a stop loss of Rs 132 and target of Rs 147. NTPC is also a buy with a stop loss of Rs 173 and target of Rs 187."

"Central Bank of India is a sell with a stop loss of Rs 76 and target of Rs 64. Tata Motors DVR is also a sell with a stop loss of Rs 232 and target of Rs 218. Manappuram Finance is a sell with a stop loss of Rs 91 and target of Rs 80," he added.

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