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Nikita (SEBI RA)

25th Aug 2025 · SEBI-Registered Analyst

Spinning Top – Indecision in Market

📊 A Spinning Top is a candlestick with small body & long shadows on both sides. ✅ Meaning: Neither buyers nor sellers are in full control. Appears after strong moves → signals pause/possible reversal. 📌 Example: Nifty rallies from 21,200 → 21,800. At resistance, spinning top forms at 21,780 with long wicks → market shows uncertainty. Next candle decides direction. 🧠 Rule: Wait for confirmation – spinning top alone is not enough for trade.

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