Look at capital goods space: CK Narayan

CK Narayan, MD of Growth Avenues told CNBC-TV18, "I think the capital goods things really stands out. In that Crompton Greaves is one of the stocks which has built up a fairly decent basing pattern of which it is attempting to come out. Rs 181-182 levels if it were to sustain, it would probably push ahead a little more.""Similarly Bharat Heavy Electricals (BHEL) is doing alright. It has managed to thwart the bearish grip and then move up a little. They need to do a little more work, but I would definitely look at capital gains as one of the areas to ride up on this particular lake," he added.