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Indian stock market · candlestick pattern
Spinning top on JSW Steel
On JSW Steel the spinning top showed up 204 times. Within 12 candles price broke up 50% of the time, broke down 49% and stayed inside 0%.
Counted on JSW Steel: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Daily | 102 | 52% | 47% | 1% |
| Hourly | 102 | 49% | 51% | 0% |
JSW Steel against the rest
| Charts | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| JSW Steel | 204 | 50% | 49% | 0% |
| 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 | 57% | 43% |
| 2017 | 20 | 40% | 60% |
| 2018 | 12 | 50% | 50% |
| 2019 | 11 | 55% | 45% |
| 2020 | 4 | 50% | 50% |
| 2021 | 8 | 62% | 25% |
| 2022 | 11 | 64% | 36% |
| 2023 | 11 | 45% | 55% |
| 2024 | 7 | 43% | 57% |
| 2025 | 66 | 47% | 53% |
| 2026 | 40 | 55% | 45% |
The last 8 times
- 10 Sep 2026 · daily · broke down after 1 candle
- 3 Sep 2026 · daily · broke down after 6 candles
- 27 Jul 2026, 09:15 IST · hourly · broke down after 2 candles
- 22 Jul 2026, 09:15 IST · hourly · broke up after 1 candle
- 20 Jul 2026, 11:15 IST · hourly · broke up after 5 candles
- 17 Jul 2026, 10:15 IST · hourly · broke down after 1 candle
- 16 Jul 2026, 14:15 IST · hourly · broke up after 2 candles
- 8 Jul 2026, 14:15 IST · hourly · broke up after 1 candle
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 JSW Steel
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Doji · MACD bearish cross · Volume profile bounce · Volume profile rejection · EMA 9/21 bullish cross · EMA 9/21 bearish cross · 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 JSW Steel?
In 204 cases on JSW Steel, price broke up 50% of the time, broke down 49% and stayed inside 0% within 12 candles.
What is the spinning top?
Small body, wicks on both sides. Nobody is in charge.