India NSE Indices Forecast

This India NSE Indices 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 NSE Indices forecast for the long position
• Top 10 Indian NSE Indices forecast for the short position

Package Name: By Country – India NSE Indices Forecast
Recommended Positions: Long
Forecast Length: 3 Days (12/2/24 – 12/5/24)
I Know First Average: 3.0%

During the 3 Days forecasted period several picks in the By Country – India NSE Indices Forecast Package saw significant returns. The algorithm has correctly predicted 10 out of 10 returns. The top-performing prediction in this forecast was ^NIFTYMED, which registered a return of 4.36%. Further notable returns came from ^NISM50 and ^NIFTYALI at 4.06% and 3.91%, respectively. The package saw an overall yield of 3.0% versus the S&P 500’s return of 2.39% implying a market premium of 0.61%.

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.