India Large Cap Stocks Based on Algo Trading: Returns up to 23.07% in 3 Days

India Large Cap Stocks

This India Large Cap Stocks 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 large cap stocks for the long position
  • Top 10 Indian large cap stocks for the short position

Package Name: By Country – India Large Cap Stocks
Recommended Positions: Long
Forecast Length: 3 Days (5/19/23 – 5/22/23)
I Know First Average: 4.76%
India Large Cap Stocks
India Large Cap Stocks chart

During the 3 Days forecasted period several picks in the By Country – India Large Cap Stocks Package saw significant returns. The algorithm has correctly predicted 6 out of 10 returns. The top performing prediction from this package was ADEL.NS with a return of 23.07%. ADNA.NS and DIXO.NS also performed well for this time horizon with returns of 9.44% and 8.31%, respectively. The package had an overall average return of 4.76%, providing investors with a 3.89% premium over the S&P 500’s return of 0.87% during the period.

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.