Best Indian Stocks Based on Algo Trading: Returns up to 32.91% in 7 Days

Best Indian Stocks

Top Performing Indian Stocks: This forecast is part of the By Country Package, as one of I Know First’s algorithmic trading tools. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Indian stocks for the long position
  • Top 10 Indian stocks for the short position

Package Name: By Country – Indian Stocks
Recommended Positions: Long
Forecast Length: 7 Days (5/26/2020 – 6/2/2020)
I Know First Average: 12.64%
Best Indian Stocks
Best Indian Stocks chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Indian Stocks Package for this 7 Days forecast. The highest trade return came from URJA.BO, at 32.91%. JBFI.NS and DUCO.NS also performed well for this time horizon with returns of 31.58% and 29.51%, respectively. The package had an overall average return of 12.64%, providing investors with a 2.36% premium over the S&P BSE’s return of 10.28% during the period.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.