Indian Stocks

Top Performing Indian Stocks: This 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 stocks for the long position
• Top 10 Indian stocks for the short position

Package Name: By Country – Indian Stocks
Recommended Positions: Long
Forecast Length: 14 Days (12/2/2020 – 12/16/2020)
I Know First Average: 8.51%

The algorithm correctly predicted 7 out 10 of the suggested trades in the By Country – Indian Stocks Package for this 14 Days forecast. The top performing prediction from this package was VAKR.NS with a return of 27.52%. DWNH.NS and INRL.NS followed with returns of 26.23% and 9.47% for the 14 Days period. The package had an overall average return of 8.51%, providing investors with a 4.01% premium over the S&P BSE’s return of 4.5% during the period.

Vakrangee Limited is a technology company. The Company’s segments include e-Governance Projects and Vakrangee Kendra. The e-Governance Projects segment offers collection services, including payment of electricity, telephone and mobiles; recruitment application processing, including processing of applications for recruitment of workforce for government-related services; issuance of certificates, including online registration and issuance of birth, death, domicile and land record certificates; grievance management services, which enable citizens to issue formal grievance to the government, and enrollments, including land record digitization, electoral rolls; payment of utility bills, taxes, levies, and railway tickets, certificates, hall tickets. The Vakrangee Kendra segment includes banking and insurance, including white label automated teller machines and pension transactions, and e-commerce services. Its subsidiaries include Vakrangee Finserve Limited and Vakrangee e-Solutions Inc.

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.