India Large Cap Stocks Based on Deep Learning: Returns up to 24.52% 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 (11/2/22 – 11/9/22)
I Know First Average: 4.98%
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 7 out of 10 returns. The top-performing prediction in this forecast was BOI.NS, which registered a return of 24.52%. ADEL.NS and CNBK.NS followed with returns of 11.79% and 7.57% for the 7 Days period. The package saw an overall yield of 4.98% versus the S&P 500’s return of -0.14% implying a market premium of 5.12%.

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.