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Indian stock market · candlestick pattern

Spinning top on Vodafone Idea

On Vodafone Idea the spinning top showed up 191 times. Within 12 candles price broke up 48% of the time, broke down 49% and stayed inside 3%.

Counted on Vodafone Idea: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundBroke upBroke downStayed inside
Daily9146%52%2%
Hourly10050%46%4%

Vodafone Idea against the rest

ChartsFoundBroke upBroke downStayed inside
Vodafone Idea19148%49%3%
All Indian stock market charts12,55651%47%2%
Every market88,07749%49%3%

Year by year

YearFoundBroke upBroke down
2016743%57%
20171225%67%
2018757%43%
2019933%56%
20201450%50%
20211258%42%
2022714%86%
2023967%33%
20241010%90%
20257351%44%
20263165%35%

The last 8 times

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 Vodafone Idea

Inside bar · Stochastic bullish cross · Stochastic bearish cross · Volume profile rejection · Doji · MACD bullish cross · RSI oversold bounce · RSI overbought drop · EMA 9/21 bullish cross · MACD 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 Vodafone Idea?

In 191 cases on Vodafone Idea, price broke up 48% of the time, broke down 49% and stayed inside 3% within 12 candles.

What is the spinning top?

Small body, wicks on both sides. Nobody is in charge.