Markets › Dr Reddy's › OBV bullish divergence
Indian stock market · indicator signal
OBV bullish divergence on Dr Reddy's
On Dr Reddy's the obv bullish divergence showed up 29 times. The target came first 45% of the time, the stop 52%, and 3% went nowhere within 12 candles.
Counted on Dr Reddy's: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 4 | 75% | 25% | 0% |
| Hourly | 25 | 40% | 56% | 4% |
Dr Reddy's against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Dr Reddy's | 29 | 45% | 52% | 3% |
| All Indian stock market charts | 1,295 | 42% | 53% | 5% |
| Every market | 8,280 | 36% | 55% | 9% |
The last 8 times
- 19 Jun 2026, 13:15 IST · hourly · target first after 2 candles
- 10 Jun 2026, 15:15 IST · hourly · target first after 4 candles
- 5 Jun 2026, 10:15 IST · hourly · target first after 4 candles
- 12 Mar 2026, 12:15 IST · hourly · stop first after 2 candles
- 23 Feb 2026, 09:15 IST · hourly · target first after 5 candles
- 6 Feb 2026, 13:15 IST · hourly · target first after 3 candles
- 22 Jan 2026, 09:15 IST · hourly · target first after 8 candles
- 1 Jan 2026, 14:15 IST · hourly · stop first after 2 candles
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 Dr Reddy's
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile rejection · Doji · MACD bullish cross · Volume profile bounce · MACD bearish cross · EMA 9/21 bearish 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 Dr Reddy's?
In 29 cases on Dr Reddy's, the target (1.5 × ATR) came before the stop (1 × ATR) 45% of the time and the stop came first 52%; 3% 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.