Red’s Bull Trade Alert: Sterlite Industries (India) Limited (NYSE:SLT)

18 January 2012

Profile: Sterlite Industries (India) Limited operates as a non-ferrous metals and mining company in India and internationally. It engages in the smelting and processing of copper and production of copper byproducts. The company’s primary products consist of copper cathode and continuos cast rods, as well as by products comprise sulphuric acid, phosphoric acid, hydrofluoro silicic acid, gypsum, ferro sand, and slime. It also owns the Mt. Lyell copper mine at Tasmania in Australia, as well as owns various zinc assets, including Skorpion Zinc in Namibia; Black Mountain Mines in South Africa; and Lisheen Mines in Ireland. In addition, the company produces aluminum from its bauxite mines. Its aluminum products include aluminum ingots and wire rods; rolled products, such as coils and sheets; and vanadium sludge as a by-product. Further, the company smelts and produces lead and zinc, as well as produces and sells sulphuric acid to fertilizer manufacturers and other industries; and silver ingots primarily to industrial users. It operates three lead-zinc mines in the state of Rajasthan, northwest India. Additionally, it involves in power generations business. As of March 31, 2011, the company had a power generation capacity of 1,041 MW from its thermal power plants and wind power plants. The company was formerly known as Sterlite Cables Limited and changed its name to Sterlite Industries (India) Limited in 1986.The company was incorporated Y 1975 and is HQ’d in Mumbai, India. Sterlite Industries (India) Limited is a subsidiary of Vedanta Resources plc.

Sector: Basic Materials, Copper

Website: http://www.sterlite-industries.com

LTN’s Pattern Recognition Analyst, Paul A. Ebeling, Jnr. ID’d the  start of a new Bullish trend for Sterlite Industries (India) Limited

Paul A. Ebeling, Jnr

Paul A. Ebeling, Jnr. writes and publishes The Red Roadmaster’s Technical Report on the US Major Market Indices, a weekly, highly-regarded financial market letter, read by opinion makers, business leaders and organizations around the world.

Paul A. Ebeling, Jnr has studied the global financial and stock markets since 1984, following a successful business career that included investment banking, and market and business analysis. He is a specialist in equities/commodities, and an accomplished chart reader who advises technicians with regard to Major Indices Resistance/Support Levels.

Find out more about HCM Managed Funds

For More Information Contact

Linda Johnson,
Business Development Director – Private Client Group,
Heffernan Capital Management
Sales@Heffcap.com

Singapore

3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
Fax: +65 6329 9699
Email : info@heffcap.com

Bangkok

Suite 53 Athenee Tower
63 Wireless Road,
Lumpini, Pathumwan,
Bangkok 10330 THAILAND
Email : info@heffcap.com

New York

347 5th Avenue, Suite 1402-508 NY, NY 10016

Email : info@heffcap.com

 

 

Get the Updates Daily

Enter your email address:
Delivered by FeedBurner

Brokerage, Investment Management, Investment Banking, Emerging Markets Specialists

Managed Trading Account with Integrity and Stability

Eliminate concerns about Stock Market Downturn, Real Estate Downturn, Bernie Madoff’s, Current Events and Diversify at the Same Time;

THE BEST OVERALL MANAGED ACCOUNT SOLUTION, FIND OUT WHY, CONTACT US TODAY

Now is the time to get professional portfolio management services with HCM. Reap the benefits of proper international diversification and positioning in the global market place, with a high degree of customer service.

Our Managed Account Program accommodates those investors who wish to allocate a portion of their risk capital to managed hedge funds.

Find out why we are at the top, select the right investment for inclusion in your portfolio, to receive information and/or get started Click Here

Lower the Exposure of Your Portfolio to the Risks of the Global Marketplace.

Did you know? Major banks around the globe are weighing heavier on relatively shorter term trading speculation than the traditional lending-borrowing business.

Profits can be made on a falling market (by selling short) just as easily as buying a rising market, in addition, derivatives and CFD trading allows profits to be compounded monthly. Let us put the world’s most liquid, but least understood market, in your financial arsenal.

Global Portfolio and World Events

Do you have your portfolio directly linked to the economy?

• Equities
• Interest Rates
• Real-Estate

Which investment benefits are You lacking?

• Recession Proof
• Inflation
• Full Transparency and Audit Trail

Select the right investment for inclusion in your portfolio,to receive information and or get started Click Here

Managed Trading Account

You have a choice. There is No need to own “Companies” .There is No need to own illiquid Company stock, funds or Real Estate”. Do you have your portfolio directly linked to the economy? Or Worse just the Stock Market or Real Estate? Get a Liquid, Transparent/Separately Managed Liquid,Alternative Investment Account in Your Name , where money management, along with capital preservation and liquidity are most important.

Features:

• Professionally supervised by traders
• Risk/Money management (very important to us)
• Trades only occur with the most liquid spot markets
• High degree of liquidity
• Excellent Risk-to-Reward ratio
• Profits possible regardless of direction of the market
• Portfolio diversification: currencies, commodities, stocks, bonds, mutual funds, ADRs

Benefits:

• No one can withdraw funds other than the client
• The clients deposit direct to custodian
• The trader can only trade
• The investor’s funds remain in the client’s OWN NAME.
• The investor’s funds are held by an independent institution .
• Clients have direct access to their account, 24 hours a day

Our Goals For You:

• Capital Preservation
• Income Generation
• Security
• Quality Service
• Planning for the Future

Select the right investments for inclusion in your portfolio, to receive information and or get started Click Here

Your use of any of the Websites or any of the Services (defined below) constitutes your agreement to be bound by and comply with the Website Terms and Conditions and your consent to the collection, use and disclosure of personal information as described in the Privacy Policy. If you do not so agree and consent, you are not authorized to visit or use our Websites or the Services.

Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. You must also accept that opinions on stock markets change minute to minute, opinions expressed my change at any time without warning. Opinions maybe influenced by ad sales and other financial consideration. This site does not offer any assistance in making financial decisions.

Read the Terms of Service

Posted by Shayne Heffernan on Jan 18th, 2012and filed underEquities, Latest News, News & Events, Paul Ebeling.You can follow any responses to this entry through theRSS 2.0Responses are currently closed, but you can trackback from your own site.