India Large Cap Stocks Based on Machine Learning: Returns up to 16.45% 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 (1/30/24 – 2/6/24)
I Know First Average: 4.35%
India Large Cap Stocks
India Large Cap Stocks chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the By Country – India Large Cap Stocks Package for this 7 Days forecast. The prediction with the highest return was NHPC.NS, at 16.45%. IDBI.NS and PLNG.NS had notable returns of 11.33% and 10.44%. The package had an overall average return of 4.35%, providing investors with a 4.01% premium over the S&P 500’s return of 0.34% 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.