Indian Market Based on Artificial Intelligence: Returns up to 20.38% in 14 Days

Indian Market

Top Performing Indian Market 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 (05/13/2019 – 05/27/2019)
I Know First Average: 8.20%
Indian Market

In this 14 Days forecast for the By Country – Indian Stocks Package, there were many high performing trades and the algorithm correctly predicted 10 out 10 trades. The top-performing prediction in this forecast was DCMS.NS, which registered a return of 20.38%. Other notable stocks were HPCL.NS and TREI.NS with a return of 16.31% and 9.47%. The package had an overall average return of 8.20%, providing investors with a 2.27% premium over the S&P BSE’s return of 5.93% during the period.

DCM Shriram Limited is engaged in the business of fertilizer, sugar and caustic soda. The Company’s segments include Fertilisers, which manufactures urea; Chloro-Vinyl, which manufactures poly-vinyl chloride, carbide and chlor alkali products; Shriram Farm solutions, which trades di-ammonium phosphate, muriate of potash, super phosphate, other fertilizers, seeds and pesticides; Sugar, which manufactures sugar products and co-generation of power; Bioseed, which produces hybrid seeds, and Others, which includes unplasticized polyvinyl chloride (UPVC) window systems, cement, rural retail and plaster of Paris. Its Agri-Rural Business includes urea and single super phosphate (SSP) fertilizers, and farm inputs marketing, such as crop care chemicals and hybrid seeds. Its Chlor-Vinyl Business includes caustic soda, chlorine, calcium carbide, power and cement. It has manufacturing facilities of Fertilizer, Chloro Vinyl and Cement in Kota (Rajasthan).

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.