India Large Cap Stocks Based on Data Mining: Returns up to 12.37% in 1 Month

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: 1 Month (12/15/23 – 1/15/24)
I Know First Average: 4.64%
India Large Cap Stocks
India Large Cap Stocks chart

In this 1 Month forecast for the By Country – India Large Cap Stocks Package, there were many high performing trades and the algorithm correctly predicted 7 out of 10 trades. The top performing prediction from this package was ADNA.NS with a return of 12.37%. APSE.NS and TNSL.NS saw outstanding returns of 11.95% and 11.15%. The package saw an overall yield of 4.64% versus the S&P 500’s return of 3.99% implying a market premium of 0.65%.

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.