Step1: Before compiling the kernel the following packages should be installed in order to compile kernel
Step2: Download the latest kernel from http://www.kernel.org/ and copy the.tar.bz2 file to /usr/src folder
Step3: Now unzip the compressed kernel in the same folder it self
[root@server~]#tar xvfj linux-126.96.36.199.tar.bz2
Step4: If you have compiled any kernels previously first you have to clear any unwanted entries in source kernel
Step5: Before recompiling the new kernel we have to take the backup of the old kernel in order to restore it in case you face any issues with the new kernel
this backed up kernel configs are stored in /usr/src/kernel/.config
Step6 : So now everything is fine the left part is to compile kernel, to do that we have to execute the following command
[root@server~]# make menuconfig
kernel have so many modules(like process management, memory management, network management, filesystem management, device management) etc, So this command will give a menu kind of list where you can select the different modules.
Linux kernel is Modular kernel, so all the management parts will not be loaded in to kernel at once, The menu will show some check marks.
Type1: Square brackets If you want the module to be part of kernel select it
[*] indicates yes
 indicates no
And this type of brackets are used to mention wether that option should be a module or built in.
For example :
< > for a feature indicates that feature is not included in the kernel
the feature is inculeded in kernel but it’s a module.
<*>the feature is inculeded in kernel as a built in feature.
So when you execute the above command you will get a menu in this menu select the filesystem->ntfs file system. And save it.
Step7: So now we have to compile this kernel with added features and to create a bzimage file
This step will take more time say some 15 to 30 min depends on the features you have selected
Step8: Once again we have to tell kernel which are reloadable modules by executing the following command
Step9: Now we have to execute the following command to copy this kernel image to/boot and edit the grub.conf file so that from next boot