Bullish Indian Stocks To Buy Based on Pattern Recognition: Returns up to 14.93% in 14 Days

Bullish Indian Stocks To Buy

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 (02/27/2019 – 03/13/2019)
I Know First Average: 6.29%
Bullish Indian Stocks To Buy

For this 14 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from KECL.NS, at 14.93%. The suggested trades for BODA.NS and GRUH.NS also had notable 14 Days yields of 13.45% and 9.28%, respectively. The package had an overall average return of 6.29%, providing investors with a 1.35% premium over the S&P BSE’s return of 4.94% during the period.

KEC International Limited is engaged in the construction of utility projects. Its geographical segments include India and Outside India. Its Power Transmission and Distribution business includes providing end-to-end solutions in power transmission and distribution. Its Cables service offerings include extra-high voltage (EHV) cabling solutions provided through Cable Selection and Cabling System, and manufacturing of a range of power (high tension and EHV cables), control, telecommunication and instrumentation cables. It offers services in all the functional segments of railways infrastructure, including construction of civil infrastructure, including bridges, tunnels, platforms, station buildings, along with workshop modernization. Its water services include waste water treatment, including treatment of sewage and industrial effluent, and water resource management, including building of canals, construction of dams and water system, and civil works related to thermal power projects

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.