Stock Scanner Based on Algo Trading: Returns up to 22.37% in 1 Month

Stock Scanner

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: 1 Month (03/30/2018 – 04/30/2018)
I Know First Average: 7.05%
Stock Scanner

8 out of 10 stock prices in this forecast for the By Country – Indian Stocks Package moved as predicted by the algorithm. SRFL.NS was our best stock pick this week a return of 22.37%. BRGR.NS and AEGS.NS followed with returns of 11.65% and 11.42% for the 1 Month period. The package saw an overall yield of 7.05% versus the S&P 500’s return of 0.27% implying a market premium of 6.78%.

SRF Limited is an India-based holding company. The Company is engaged in manufacturing of chemicals and polymers, technical textiles and packaging films. Its segments include Technical Textiles Business (TTB), which includes nylon tire cord fabric, belting fabric, coated fabric, polyester tire cord fabric and industrial yarns and its research and development; Chemicals and Polymers Business (CPB), which includes refrigerant gases, pharmaceuticals and allied products, engineering plastics business and its research and development, and Packaging Films Business (PFB), which includes polyester films. Its chemicals and polymers plants are located at Alwar, Rajasthan; Udham Singh Nagar; Uttarakhand, and Bharuch, Gujarat. Its technical textiles plants are located at Chennai, Tamil Nadu; Bhind, Madhya Pradesh; Thiruvallur, Tamil Nadu; Pudukottai, Tamil Nadu, and Udham SinghNagar, Uttarakhand. Its packaging films plants are located at Udham SinghNagar, Uttarakhand and Indore, Madhya Pradesh.

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.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.