Sell Godrej Industries: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Midcaps are now cracking down. One could consider selling Godrej Industries. It has been one of the outperformers, but outperformers are now giving way. So, Godrej Industries as it breaks down from a support level promises another 10-15 percent downside."

He further added, "Century Textile has already been in a bear market. There were signs that it was bottoming out, but this is not a market where one has bottoming out signs being sustained. It has again cracked, again resumed its bear trend, so there is more downside here. A lot of focus could be made for those trade. The largecap have already been discussed many times. The opportunities are also there."