Indian stock market · candlestick pattern
Spinning top on LIC
On LIC the spinning top showed up 113 times. Within 12 candles price broke up 47% of the time, broke down 52% and stayed inside 1%.
Counted on LIC: daily candles from May 2022 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Daily | 19 | 47% | 53% | 0% |
| Hourly | 94 | 47% | 52% | 1% |
LIC against the rest
| Charts | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| LIC | 113 | 47% | 52% | 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 |
|---|---|---|---|
| 2024 | 10 | 30% | 70% |
| 2025 | 58 | 48% | 50% |
| 2026 | 43 | 47% | 53% |
The last 8 times
- 3 Aug 2026 · daily · broke down after 1 candle
- 30 Jul 2026, 12:15 IST · hourly · broke down after 2 candles
- 30 Jul 2026, 11:15 IST · hourly · broke down after 3 candles
- 30 Jul 2026 · daily · broke up after 2 candles
- 23 Jul 2026 · daily · broke down after 8 candles
- 22 Jul 2026, 12:15 IST · hourly · broke up after 4 candles
- 21 Jul 2026, 14:15 IST · hourly · broke up after 1 candle
- 10 Jul 2026, 14:15 IST · hourly · broke down 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 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 LIC
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Gap up · MACD bullish cross · Doji · MACD bearish cross · RSI oversold bounce · Volume profile rejection · EMA 9/21 bearish 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 LIC?
In 113 cases on LIC, price broke up 47% of the time, broke down 52% and stayed inside 1% within 12 candles.
What is the spinning top?
Small body, wicks on both sides. Nobody is in charge.