He had no money left. But his neighbor, Mrs. Desai, had asked him last week: “Arun beta, my fixed deposit matured. 15 lakh rupees. Where to put?” He had told her gold. Safe. Boring.
Arun had learned that lesson too late. Three years ago, he had ignored the OBV divergence in a sugar stock. Price went up, volume went down. He went all in. He lost everything—his father’s retirement fund, his sister’s wedding savings, his own dignity. He had moved back into this cramped Mumbai chawl, where the walls wept humidity and the ceiling fan wobbled like a dying kite. on balance volume chartink
// But OBV is HIGHER than its 20-day lowest point Set OBVStrength = OBV > Lowest(OBV, 20); He had no money left
By using as your platform, you gain the ability to scan, filter, and visualize OBV across thousands of stocks in seconds. Whether you are a swing trader looking for bullish divergences, a long-term investor checking for accumulation, or a scalper confirming a breakout, the combination of OBV + Chartink provides a distinct edge. 15 lakh rupees
To utilize OBV on ChartInk, you need to use their proprietary scanning language. Below are specific scripts you can copy and paste into the ChartInk scanner to find high-probability setups.
Developed by Joe Granville in 1963, OBV is a cumulative indicator. It adds volume on "up days" and subtracts it on "down days".