Indian Stocks Based on Machine Learning: Returns up to 13.48% 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 (10/13/2019 – 10/21/2019)
I Know First Average: 6.76%
Indian Stocks
Indian Stocks chart

For this 7 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The highest trade return came from JKIP.NS, at 13.48%. Further notable returns came from ASOK.NS and EICH.NS at 12.89% and 11.4%, respectively. The package had an overall average return of 6.76%, providing investors with a 3.69% premium over the S&P BSE’s return of 3.07% during the period.

J. Kumar Infraprojects Limited is engaged in construction activities. The Company designs and constructs roads, bridges, flyovers, subways, over bridges, skywalks and railway terminus/stations, among others. The Company’s offerings in civil construction segment include office/commercial buildings, sports complexes and swimming pools. In Irrigation Projects segment, the Company builds dams, canals, aqueducts and irrigation tanks, and spillways. The Company has approximately 20 hydraulic piling rigs, which are used to build pile foundations for buildings and flyovers, marine structures and offshore platforms. Its Piling segment caters to various real estate and infrastructure companies. The Company’s projects include Underground Metro CC-24, Delhi Metro Tunnel, Ahmedabad Metro, Balewadi Bridge and Dhankawadi Flyover. Its other projects include Kapurbawadi Flyover, Kherwadi Flyover, Amarmahal Flyover, Amarmahal Flyover, Thakur Flyover, Bhivandi Flyover and Aurangabad Flyover.

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.