Indian Stocks Based on Algorithmic Trading: Returns up to 32.94% 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 (6/8/21 – 6/15/21)
I Know First Average: 14.87%
Indian Stocks
Indian Stocks chart

This By Country – Indian Stocks Package forecast had correctly predicted 8 out of 10 stock movements. RLCP.NS was our best stock pick this week a return of 32.94%. ANDC.NS and RPOL.NS followed with returns of 32.88% and 32.21% for the 7 Days period. The package had an overall average return of 14.87%, providing investors with a 14.02% premium over the S&P BSE’s return of 0.85% during the period.

Reliance Capital Limited is a non-banking financial services company. The Company has interests in asset management and mutual funds, pension funds, life and general insurance, commercial finance, home finance, stock broking services, wealth management services, financial products distribution, asset reconstruction and other activities in the financial services sector. The Company’s segments include Finance & Investments, which includes the corporate lending and investment activities; Asset Management, which includes asset management activities, including mutual fund and portfolio management services; General Insurance, which includes the general insurance business; Life Insurance, which includes the life insurance business; Commercial Finance, which includes the consumer finance and home finance businesses, and Others, which includes other financial and allied services. It also offers mortgages, small and medium enterprises (SME) loans, vehicle loans and infrastructure loans.

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.