Trading Class

Markets › Britannia › OBV bullish divergence

Indian stock market · indicator signal

OBV bullish divergence on Britannia

On Britannia the obv bullish divergence showed up 27 times. The target came first 44% of the time, the stop 48%, and 7% went nowhere within 12 candles.

Counted on Britannia: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily850%25%25%
Hourly1942%58%0%

Britannia against the rest

ChartsFoundTarget firstStop firstWent nowhere
Britannia2744%48%7%
All Indian stock market charts1,29542%53%5%
Every market8,28036%55%9%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the obv bullish divergence is

Price made a lower low, but volume flow made a higher low. Sellers were running out of force.

Imagine a tug of war where one team pulls the rope lower, but fewer and fewer people are pulling with them. OBV counts how much trading pushes price up versus down. A bullish divergence is when price makes a lower low, but OBV does not follow it down.

The full obv bullish divergence lesson, video and quiz ›

Other patterns on Britannia

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Volume profile rejection · MACD bearish cross · Volume profile bounce · EMA 9/21 bearish cross · MACD bullish cross · all of them

The obv bullish divergence elsewhere

Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · Vedanta · Bajaj Finance · Grasim · Bajaj Finserv · Sony · Ethereum · Bitcoin

Questions

How often does the obv bullish divergence work on Britannia?

In 27 cases on Britannia, the target (1.5 × ATR) came before the stop (1 × ATR) 44% of the time and the stop came first 48%; 7% went nowhere within 12 candles.

What is the obv bullish divergence?

Price made a lower low, but volume flow made a higher low. Sellers were running out of force.