Indian Stocks Based on Algo Trading: Returns up to 33.33% in 7 Days

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: 7 Days (3/31/2020 – 4/7/2020)
I Know First Average: 12.54%
Indian Stocks
Indian Stocks chart

For this 7 Days forecast the algorithm had successfully predicted 8 out of 10 movements. SNTX.NS was the highest-earning trade with a return of 33.33% in 7 Days. RPOL.NS and BION.NS saw outstanding returns of 16.67% and 15.49%. The package had an overall average return of 12.54%, providing investors with a 6.82% premium over the S&P BSE’s return of 5.72% during the period.

Sintex Industries Limited is engaged in the manufacturing of plastic products, and spinning, weaving and finishing of textiles. The Company’s segments include Retail and Custom Molding. The Company is offering range of products from mid day meal kitchens to classrooms, health care centers, police chowkis, Labour camps, army shelters and cold chains among others. Its prefab portfolio comprises toilet blocks, kitchens, health centers, classrooms and hostels, police chowkis and site offices, among others. It manufactures sandwich panels across thicknesses (20-150 millimeters), designs and colors (color-coated external galvalume sheets). Its Water storage solutions product range comprises water tanks for applications, including loft tanks in individual apartments to water storage solutions for building complexes or even whole pin codes, as well as underground storage tanks in various sizes.

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.