Best Indian Stocks Based on Pattern Recognition: Returns up to 70.05% in 14 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: 14 Days (1/1/2020 – 1/15/2020)
I Know First Average: 9.2%
Best Indian Stocks
Best Indian Stocks chart

During the 14 Days forecasted period several picks in the By Country – Indian Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. JET.NS was the top performing prediction with a return of 70.05%. DWAR.NS and MEGH.NS also performed well for this time horizon with returns of 15.72% and 9.97%, respectively. The package had an overall average return of 9.2%, providing investors with a 7.70% premium over the S&P BSE’s return of 1.5% 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.