Buy BHEL and Crompton Greaves if Nifty holds on to 5700: Ashwani Gujral

ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, about BHEL and Crompton.

The entire mid and the small cap capital good space appreciated quite smartly, is there a trade there?

If you bought BHEL around 1950-2000 probably should take some profits off because if the market is going into a correction you will probably find these stocks also coming down but it seems that there istailwind that is developing in the capital good space. So BHEL can be bought back again at around 2050 odd same with stocks like Crompton etc. which have run up 10%-15%, at lower levels around 255 you can buy Crompton again. It all depends if the Nifty holds on to 5700 capital goods will outperform in the next rally but in case the market tends to cave in below 5700 then probably you will have to take all bets off.