Best Indian Stocks Based on Artificial Intelligence: Returns up to 8.04% 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 (03/26/2019 – 04/02/2019)
I Know First Average: 3.73%
Best Indian Stocks

During the 7 Days forecasted period several picks in the By Country – Indian Stocks Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. The prediction with the highest return was BODA.NS, at 8.04%. Further notable returns came from ICNT.NS and GODR.NS at 7.89% and 7.84%, respectively. The package had an overall average return of 3.73%, providing investors with a 0.43% premium over the S&P BSE’s return of 3.30% during the period.

Bodal Chemicals Limited is an India-based holding company. The Company, through its subsidiaries, is engaged in manufacturing of dyestuffs, dyes intermediates and basic chemicals. Its geographic segments include domestic operations and external operations. The Company produces a range of chemicals, which are used as raw materials for dye intermediates and dyestuff. Its products include Vinyl Sulphone Ester, H Acid, F C Acid, DASA, Gama Acid, 6 Nitro, Acid Black 210, Reactive Black BL/GR, Reactive Black B, Reactive Black 5, Acid Black 194, Sulphuric Acid, Oleum, Sulphur Trioxide and Chlorosulphonic Acid. It manufactures over 20 varieties of dye intermediates and over 150 variants in dyestuff, which are used as raw materials in textile, leather, paper and other dye consuming industries. The Company’s manufacturing plants are located in Vatva, Ahmedabad; Bharuch, Gujarat, and Vadodara, Gujarat. The Company exports its products to China, Korea, Thailand, Taiwan, Japan and Europe.

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.