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The stock of Satyam Computers reversed smartly from the support at Rs 400 on Friday. The short-term momentum can drive the stock higher to Rs 440 or Rs 455. But as we keep reiterating, the resistance band between Rs 455 and Rs 460 should be crossed emphatically before fresh longs can be initiated.

A reversal from this band can pull the stock down towards Rs 400 once more. The volatility witnessed in the stock over the last couple of weeks makes trading difficult in this counter. However, aggressive traders can initiate short positions if the stock reverses from the barrier around Rs 455.

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