India Mid Cap Stocks Based on Algo Trading: Returns up to 20.09% in 7 Days

India Mid Cap Stocks

This India Mid 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 mid cap stocks for the long position
  • Top 10 Indian mid cap stocks for the short position

Package Name: By Country – India Mid Cap Stocks
Recommended Positions: Long
Forecast Length: 7 Days (5/15/24 – 5/22/24)
I Know First Average: 8.53%
India Mid Cap Stocks
India Mid Cap Stocks chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the By Country – India Mid Cap Stocks Package for this 7 Days forecast. The prediction with the highest return was RTNP.NS, at 20.09%. The suggested trades for BEML.NS and HGIN.NS also had notable 7 Days yields of 19.88% and 14.62%, respectively. The package itself saw an overall return of 8.53%, providing investors with a 7.00% premium above the S&P 500’s return of 1.53% for the same time 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.