Indian Stocks Based on Algorithmic Trading: Returns up to 46.89% 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 (11/30/22 – 12/7/22)
I Know First Average: 6.72%
Indian Stocks
Indian Stocks chart

During the 7 Days forecasted period several picks in the By Country – Indian Stocks Package saw significant returns. The algorithm has correctly predicted 6 out of 10 returns. NXTD.NS was our best stock pick with a return of 46.89%. KBCG.NS and WILM.NS had notable returns of 18.64% and 9.47%. The package had an overall average return of 6.72%, providing investors with a 7.15% premium over the S&P BSE’s return of -0.43% during the 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.