Best Indian Stocks Based on Algo Trading: Returns up to 37.5% 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 (11/26/2019 – 12/3/2019)
I Know First Average: 8.77%
Best Indian Stocks
Best Indian Stocks chart

I Know First’s State of the Art Algorithm accurately forecasted 6 out of 10 trades in this By Country – Indian Stocks Package for the 7 Days time period. RLCM.NS was our best stock pick this week a return of 37.5%. HDIL.NS, and SNTX.NS had notable returns of 29.31% and 26.09%. The package had an overall average return of 8.77%, providing investors with a 9.29% premium over the S&P BSE’s return of -0.52% during the period.

Reliance Communications Limited is a telecommunications service provider. The Company operates through two segments: India Operations and Global Operations. India operations segment comprises wireless telecommunications services to retail customers through global system for mobile communication (GSM) technology-based networks across India; voice, long distance services and broadband access to enterprise customers; managed Internet data center services, and direct-to-home (DTH) business.

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.