Short Term Stocks Based on Algorithmic Trading: Returns up to 33.33% in 7 Days

Short Term 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 (08/03/2018 – 08/10/2018)
I Know First Average: 7.06%
Short Term Stocks

This By Country – Indian Stocks Package forecast had correctly predicted 7 out of 10 stock movements. The top performing prediction from this package was RELV.NS with a return of 33.33%. JKPA.NS, and WLSP.NS had notable returns of 16.05% and 14.26%. The package’s overall average return was 7.06%, providing investors with a 6.85% premium over the S&P 500’s return of 0.21% during the same period.

Reliance Naval and Engineering Limited, formerly Reliance Defence and Engineering Limited, is a defense company. The Company is engaged in shipbuilding and fabrication. Its segments include Ship Building and Fabrication, and Trading. The Ship Building and Fabrication segment includes shipbuilding, block manufacturing, ship and rig repairs, fabrication at its Special Economic Zone (SEZ) and Export Oriented Units (EOU) situated at Pipavav, Gujarat. Its Trading segment includes steel trading activities. The Company operates shipbuilding facility with 662 meters x 65 meters dry dock. The shipbuilding facility has modular shipbuilding facility with a capacity to build fabricated and outfitted blocks. It fabrication facility is spread over 2.1 million square feet. The Shipyard has a pre-erection berth of over 80 meters length and approximately 40 meters width, and over two Goliath Cranes with combined lifting capacity of approximately 1200 tons.

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.