India Mid Cap Stocks Based on Pattern Recognition: Returns up to 60.94% in 1 Month

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: 1 Month (12/10/23 – 1/10/24)
I Know First Average: 17.71%
India Mid Cap Stocks
India Mid Cap Stocks chart

For this 1 Month forecast the algorithm has successfully predicted 8 out of 10 movements. ALOK.NS was our best stock pick with a return of 60.94%. RPOL.NS and PURA.NS saw outstanding returns of 28.6% and 28.2%. With these notable trade returns, the package itself registered an average return of 17.71% compared to the S&P 500’s return of 2.62% for the same 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.