Indian Stocks Based on Pattern Recognition: Returns up to 21.49% in 3 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: 3 Days (11/20/2020 – 11/23/2020)
I Know First Average: 6.16%
Indian Stocks
Indian Stocks chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the By Country – Indian Stocks Package for this 3 Days forecast. GRPH.NS was the highest-earning trade with a return of 21.49% in 3 Days. IVPL.NS and BHWR.NS saw outstanding returns of 15.42% and 10.2%. The package had an overall average return of 6.16%, providing investors with a 5.07% premium over the S&P BSE’s return of 1.09% 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.