I wish I had a crystal ball. 
But a general observation with respect to current markets and some outperformers is that stocks that have very strong narratives, with respect to their earnings growth in next few years are holding out well. Those that are in my watchlist (which I don’t necessarily own) are stocks like Shaily, Wockhardt, CE insys, Genesys, etc. The one stock that I hold based on expected triggers like Kavach, defense, etc is HBL. Here the conviction is based more on fundamental factors. For those who are interested, we have a very detailed thread.
Another set of sectors that seem to be holding out, or giving bounces are the defence, railway, fertiliser etc sectors. Now these could be the typical budget plays, and how they last need to be seen.
Pharma sector which has been holding out till now looks interesting. FMCG had started its correction much before the overall markets really started sliding. So there are some noises related to the sector that it might bottom out earlier and be a defensive play. IT sector which was holding out is showing mixed trends with some stocks correcting, while others remaining steady or going up.
The next two set of events in near future will be the swearing in ceremony of Donald Trump on 20th ( and what kind of actions and statements me makes post that ) and the Budget on 1st Feb.
In the past, my experience has been that its not always fruitful to try to catch the exact bottom in stocks. In fact its better if we buy once an uptrend is clearly established in the chosen stocks, even if we buy it slightly later, and at a slightly higher price.