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Short Karnataka Bank at Rs 108-110: Jain

Short Karnataka Bank at Rs 108-110 , says Rajesh Jain, Independent Market Strategist.

August 11, 2011 / 08:41 IST
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Short Karnataka Bank at Rs 108-110 , says Rajesh Jain, Independent Market Strategist.


Jain told CNBC-TV18, "Karnataka Bank had a sharp fall in last one month but in last 2 days it has taken a good counter rally. It has a lot of resistance in zone of Rs 108-110 where one can short with stop loss of Rs 113 with lower target of Rs 97."
first published: Aug 11, 2011 08:40 am

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