Markets › Canara Bank › Spinning top
Indian stock market · candlestick pattern
Spinning top on Canara Bank
On Canara Bank the spinning top showed up 165 times. Within 12 candles price broke up 50% of the time, broke down 47% and stayed inside 3%.
Counted on Canara Bank: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Daily | 77 | 48% | 51% | 1% |
| Hourly | 88 | 51% | 44% | 5% |
Canara Bank against the rest
| Charts | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Canara Bank | 165 | 50% | 47% | 3% |
| All Indian stock market charts | 12,556 | 51% | 47% | 2% |
| Every market | 88,077 | 49% | 49% | 3% |
Year by year
| Year | Found | Broke up | Broke down |
|---|---|---|---|
| 2016 | 7 | 29% | 71% |
| 2017 | 13 | 38% | 62% |
| 2018 | 8 | 62% | 38% |
| 2019 | 7 | 29% | 71% |
| 2020 | 6 | 33% | 67% |
| 2021 | 7 | 57% | 43% |
| 2022 | 12 | 67% | 33% |
| 2023 | 6 | 67% | 17% |
| 2024 | 7 | 14% | 71% |
| 2025 | 60 | 52% | 45% |
| 2026 | 32 | 56% | 41% |
The last 8 times
- 27 Jul 2026, 10:15 IST · hourly · broke up after 1 candle
- 24 Jul 2026, 13:15 IST · hourly · broke up after 3 candles
- 23 Jul 2026, 11:15 IST · hourly · broke down after 1 candle
- 20 Jul 2026, 10:15 IST · hourly · broke up after 6 candles
- 16 Jul 2026, 10:15 IST · hourly · broke down after 1 candle
- 3 Jul 2026, 11:15 IST · hourly · broke down after 5 candles
- 1 Jul 2026, 09:15 IST · hourly · broke up after 7 candles
- 19 Jun 2026, 09:15 IST · hourly · broke down after 3 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 spinning top is
Small body, wicks on both sides. Nobody is in charge.
A spinning top toy whirls fast but stays in one spot. This candle is the same: price ran up and down a lot, but it ended close to where it began. Buyers and sellers were both busy, and neither took charge.
The full spinning top lesson, video and quiz ›
Other patterns on Canara Bank
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Volume profile rejection · MACD bearish cross · Doji · EMA 9/21 bearish cross · EMA 9/21 bullish cross · RSI overbought drop · MACD bullish cross · all of them
The spinning top elsewhere
Sensex · Nifty 50 · Bank Nifty · Bharti Airtel · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver
Questions
How often does the spinning top work on Canara Bank?
In 165 cases on Canara Bank, price broke up 50% of the time, broke down 47% and stayed inside 3% within 12 candles.
What is the spinning top?
Small body, wicks on both sides. Nobody is in charge.