Indian Stocks Based on Pattern Recognition: Returns up to 16.68% 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 (10/16/2019 – 10/23/2019)
I Know First Average: 6.25%
Indian Stocks
Indian Stocks chart

For this 7 Days forecast the algorithm had successfully predicted 8 out of 10 movements. SCI.NS was our best stock pick this week a return of 16.68%. KDAI.NS and BFUT.NS followed with returns of 14.71% and 11.76% for the 7 Days period. The package had an overall average return of 6.25%, providing investors with a 4.81% premium over the S&P BSE’s return of 1.44% 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.