On Balance Volume Chartink -

You add ABC to Chartink watchlist. You wait for price to close above ₹155 (a small resistance). When it does, you buy. Volume spikes, and OBV explodes upward. Two weeks later, ABC is trading at ₹185. Profit: 20% return. The OBV divergence warned you that the selling was exhausted.

If the current close is higher than the previous close, the day's volume is added to the running total. on balance volume chartink

This brings us to the technical aspect: how do you actually use logic effectively? You add ABC to Chartink watchlist

But that’s not the deep part.

// But OBV is HIGHER than its 20-day lowest point Set OBVStrength = OBV > Lowest(OBV, 20); Volume spikes, and OBV explodes upward

Here is how OBV is calculated:

Siddhivinayak Infra was at ₹85. Same as six months ago. OBV: Up 22%.