MarketSmith founder, late William J O’Neil, was a stock market legend who pioneered the use of historical precedent based on both fundamental and technical analysis for equity investingBased on the idea of William J O’Neil, a custom screen made by MarketSmith emphasizes companies with strong earnings growth and relative price strength that are within 15% of their 52-week highs. It may be most effective in the early stages of a bull market when strong stocks are ready to emerge after general market pressure eases. Here is a list of 8 Indian stocks that fit in William J O’Neil’s idea of equity investing, as listed on MarketSmith:
KSB shares rally 7% after securing Rs 118 crore export order for boiler feed pumps
KSB shares gained 7% after the company secured a $12.4-million export order from Dangote Projects Free Zone Enterprise for 18 boiler feed pump packages.