Buy BHEL, says Navneet Daga

Navneet Daga of KR Choksey Securities told CNBC-TV18, "The entire capital goods sector is seeing a good run-up but still the charts are suggesting that Bharat Heavy Electricals (BHEL) is the one counter where upside is still left and we believe that it has taken major resistance around Rs 150."

"It has started to move above that level and if it is able to sustain above that, we might see gains towards Rs 165 levels. So we believe that as a trader one can still initiate a long position and keep a strict stoploss on the downside somewhere near to Rs 144 levels and drive the upside momentum towards Rs 165 for December series," he said.