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 (06/25/2019 – 07/02/2019)
I Know First Average: 3.47%

Several predictions in this short-term 7 Days forecast saw significant returns. The algorithm had correctly predicted 8 out 10 stock movements. LEEL.NS was the top performing prediction with a return of 19.62%. TTEX.NS and BJFN.NS saw outstanding returns of 8.13% and 4.67%. The package had an overall average return of 3.47%, providing investors with a 1.70% premium over the S&P BSE’s return of 1.77% during the period.

LEEL Electricals Limited, formerly Lloyd Electric & Engineering Limited, manufactures evaporators and condenser coils for air conditioners, and heat exchangers/radiators. The Company provides consumer durable segment, heat exchanger and components, and original equipment manufacturer (OEM) segment and packaged air conditioning. Its segments include Radiators & Heat Exchanger, OEM & Railways, and Consumer Durable Products. Its business solution portfolio includes Lloyd branded consumer electronics products and home appliances; heating, ventilation, air conditioning and refrigeration (HVAC&R) heat exchanger coils; engine cooling systems; commercial refrigeration systems; air handling units; industrial fans and coolers, and other small appliances. Its range of condenser and evaporator coils are used as original equipment in residential and light commercial unitary products, central plants, including air handling units (AHU), commercial refrigeration and precision.

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.