Chartink — On Balance Volume

The chart was of a small-cap company called Siddhivinayak Infra . The price had been flat for six months—a dead body floating in a still lake. But the OBV line was climbing. Slowly, deliberately, like a snake slithering up a drainpipe.

Below that, in pencil, he had scribbled a quote from a forgotten trader: “The market is a device for transferring money from the impatient to the patient.”

He opened his mouth to call her. But the cursor blinked again.

“Mrs. Desai. Don’t buy gold.”

“What then?”

Arun picked up his phone. He dialed Mrs. Desai.

Arun pulled up the delivery data. 90% delivery percentage over the last 30 days. Means people were buying and holding, not day-trading. Institutional footprints , he whispered. He checked the pledge data—promoters hadn’t pledged a single share. No FII selling. Nothing. on balance volume chartink

Arun’s heart stopped. He knew that land. His cousin worked as a clerk in the Navi Mumbai Municipal Corporation. Two weeks ago, over chai and vada pav, the cousin had mentioned whispers: “Bhai, that land? It’s going to be acquired for the new cargo terminal. Rate? Not ₹85 per share. Try ₹850.”

Arun closed his eyes. The OBV line was telling him a story the price refused to say. The volume was the confession. The price was the lie.

It was too clean. Too perfect.

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.

But that’s not the deep part.