Best Indian Stocks Based on Stock Algorithm: Returns up to 20.78% in 3 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: 3 Days (6/29/2020 – 7/2/2020)
I Know First Average: 12.28%
Best Indian Stocks
Best Indian Stocks chart

In this 3 Days forecast for the By Country – Indian Stocks Package, there were many high performing trades and the algorithm correctly predicted 8 out 10 trades. The greatest return came from JAIR.NS at 20.78%. RLCP.NS, and HCLI.NS had notable returns of 20.71% and 20.41%. The package had an overall average return of 12.28%, providing investors with a 10.37% premium over the S&P BSE’s return of 1.91% during the period.

Jain Irrigation Systems Limited is an agri-business company. The Company is engaged in manufacture of plastic products, and manufacture of fruit or vegetable juices, their concentrates squashes and powder. Its segments include Hi-Tech Agri Input Products, Industrial Products and Non-conventional Energy. The High-Tech Agri Input Products segment consists of micro and sprinkler irrigation systems, polyvinyl chloride (PVC) pipes, tissue culture and other agri inputs. The Industrial Products segment includes various business lines, such as PVC sheets, polyethylene (PE) pipes for industrial applications, fruit processing, onion and vegetable dehydration and solar/green energy. The Non-conventional Energy segment consists of wind energy, solar and bio-gas. It provides various plastic piping systems that are used in conveyance of fluids, semisolids, gases and cables. It manufactures a range of precision-irrigation products. The Company has approximately 30 manufacturing plants globally.

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.