Indian Stocks Based on Artificial Intelligence: Returns up to 4.66% in 3 Days

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: 3 Days (06/21/2019 – 06/25/2019)
I Know First Average: 0.31%
Indian Stocks

In this 3 Days forecast for the By Country – Indian Stocks Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The top-performing prediction in this forecast was VOLT.NS, which registered a return of 4.66%. Other notable stocks were SBNK.NS and APLO.NS with a return of 3.90% and 2.58%. The package had an overall average return of 0.31%, providing investors with a 0.73% premium over the S&P BSE’s return of -0.42% during the period.

Voltas Limited is an air conditioning and engineering company. The Company is engaged in room air conditioners, contract revenue, commercial refrigeration products and sale of services. The Company’s segments include Electro-mechanical Projects and Services; Engineering Products and Services; Unitary Cooling Products for Comfort and Commercial use, and Others. The Company is engaged in the field of air conditioning, refrigeration, as well as in the business of electro-mechanical projects as an engineering, procurement and construction (EPC) contractor. The Company is also engaged in the business of engineering product services for mining, water management and treatment, construction equipment and textile industry. The Company offers products, including textile machinery; mining and construction equipment; heating, ventilation, air conditioning and refrigeration (HVAC&R), and water coolers and dispensers. The Company has presence in India, the Middle East, among others.

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.