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Indian stock market · candlestick pattern
Spinning top on Grasim
On Grasim the spinning top showed up 192 times. Within 12 candles price broke up 53% of the time, broke down 46% and stayed inside 1%.
Counted on Grasim: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Daily | 95 | 46% | 53% | 1% |
| Hourly | 97 | 60% | 39% | 1% |
Grasim against the rest
| Charts | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Grasim | 192 | 53% | 46% | 1% |
| 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 | 14 | 50% | 50% |
| 2017 | 8 | 25% | 75% |
| 2018 | 12 | 33% | 58% |
| 2019 | 8 | 50% | 50% |
| 2020 | 4 | 25% | 75% |
| 2021 | 14 | 71% | 29% |
| 2022 | 13 | 31% | 69% |
| 2023 | 8 | 75% | 25% |
| 2024 | 6 | 0% | 100% |
| 2025 | 56 | 64% | 36% |
| 2026 | 49 | 57% | 41% |
The last 8 times
- 17 Aug 2026 · daily · broke up after 4 candles
- 12 Aug 2026 · daily · broke down after 1 candle
- 21 Jul 2026, 09:15 IST · hourly · broke up after 5 candles
- 17 Jul 2026, 10:15 IST · hourly · broke up after 4 candles
- 15 Jul 2026, 14:15 IST · hourly · broke down after 2 candles
- 13 Jul 2026, 14:15 IST · hourly · broke down after 1 candle
- 7 Jul 2026 · daily · broke down after 1 candle
- 6 Jul 2026, 10:15 IST · hourly · broke up after 5 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 Grasim
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Doji · Volume profile rejection · MACD bearish cross · Volume profile bounce · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · 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 Grasim?
In 192 cases on Grasim, price broke up 53% of the time, broke down 46% and stayed inside 1% within 12 candles.
What is the spinning top?
Small body, wicks on both sides. Nobody is in charge.