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Wednesday, May 19, 2010

Sterlite Industries (India) Ltd.

Currently trading at :-637.50
Buy around:-550

I would recomend buying this script at 550 levels and hold it for atleast 6 months . I strongly advice not to buy at current levels,the script is taking a pounding and is bound to hit the lower levels,thats where we need to cash in.

Target:-700,750,800+


Duration:-6 months

I guess you people might be aware that stock has been split and i would advice to enter at this counter at around 150 levels
short term target :200,250,300