Algorithmic Trading Based on Algo Trading: Returns up to 12.03% in 7 Days

Algorithmic Trading

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 (06/11/2018 – 06/18/2018)
I Know First Average: 3.89%
Algorithmic Trading

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Indian Stocks Package for this 7 Days forecast. AJPH.NS was the highest-earning trade with a return of 12.03% in 7 Days. Additional high returns came from LUPN.BO and SUN.NS, at 11.29% and 7.92% respectively. The package had an overall average return of 3.89%, providing investors with a 4.08% premium over the S&P 500’s return of -0.19% during the period.

Ajanta Pharma Limited is a holding company. The Company is a specialty pharmaceutical company engaged in developing, producing and marketing a range of branded and generic formulations. Its business includes branded generics in emerging markets of Asia and Africa, generics in the developed markets of the United States and Institutional sales. The branded generics business is spread in India and over 30 emerging countries across Africa, Commonwealth of Independent States (CIS), the Middle East and South East Asia. The Company serves a range of therapeutic segments, such as anti-biotic, anti-malarial, anti-diabetic, cardiology, gynecology, orthopedics, pediatric, respiratory and general health products. Ajanta has six formulations manufacturing facilities located in India and 1 in Mauritius. In addition, the Company also has an API manufacturing facility located at Waluj, India. The Company’s subsidiaries include Ajanta Pharma (Mauritius) Ltd., and Ajanta Pharma USA Inc.

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.

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