India Large Cap Stocks Based on Deep Learning: Returns up to 10.71% in 7 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: 7 Days (10/4/22 – 10/11/22)
I Know First Average: 2.1%
India Large Cap Stocks
India Large Cap Stocks chart

During the 7 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. PERS.NS was the highest-earning trade with a return of 10.71% in 7 Days. Additional high returns came from COFO.NS and DPNT.NS, at 7.93% and 6.21% respectively. The package saw an overall yield of 2.1% versus the S&P 500’s return of 0.63% implying a market premium of 1.47%.

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.