Best Long Term Indian Stocks Based on Artificial Intelligence: Returns up to 23.38% in 1 Month

Best Long Term 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 best long term Indian 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 & Short
Forecast Length: 1 Month (05/03/2019 – 06/04/2019)
I Know First Average: 3.91% (Long) & 4.33% (Short)
Best Long Term Indian Stocks

During the 1 Month forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from SNTX.NS which registered a return of 23.38%. For the long positions the largest growth was registered by DCMS.NS with a return of 13.92%, during the same period. The package itself, had an overall average return of 3.91%, in the long position, providing a premium of 7.83% over the S&P BSE’s return of -3.92%. With regards to the short position, the package had an overall average return of 4.33%, providing investors with a premium of 1.50% over S&P BSE’s return of 2.83%. The I Know First’s Stock Market Algorithm accurately forecasted 7 out of 10 stocks, for the long position, and 6 out of 10 stocks, for the short position for this 1 Month forecasted period.

Sintex Industries Limited is engaged in the manufacturing of plastic products, and spinning, weaving and finishing of textiles. The Company’s segments include Retail and Custom Molding. The Company is offering range of products from mid day meal kitchens to classrooms, health care centers, police chowkis, Labour camps, army shelters and cold chains among others. Its prefab portfolio comprises toilet blocks, kitchens, health centers, classrooms and hostels, police chowkis and site offices, among others. It manufactures sandwich panels across thicknesses (20-150 millimeters), designs and colors (color-coated external galvalume sheets). Its Water storage solutions product range comprises water tanks for applications, including loft tanks in individual apartments to water storage solutions for building complexes or even whole pin codes, as well as underground storage tanks in various sizes.

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

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.