==>> High volatility seen in markets

Yesterday Nifty had taken a good support at the 2nd trendline, that was marked earlier. Nifty bounced back in the mid session after making a low of 2812 and close above 2929. As mentioned earlier that the Nifty has a good support at the trendline that is nearly 2800 levels. But in the 3rd chart we can see that the red line is trying to cross the yellow line from above, In the past we have seen that if this scenario happens then we may see some down trend in the markets. There are less chances of markets to come down, till the time it is staying above the yellow line.Keep ur positions light. Further move will be decided after the break out from both the trendlines. Trade with strict stop loss. Yesterday i have given call to buy Satyam at 131. The stock have outperformed the market. Imediately after the opening the stock was nearly 3% down, rallied to close at 148.25 after making a high of around 159.