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."
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!