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Nikita (SEBI RA)

8th Sep · SEBI-Registered Analyst

Spinning Top – Pause Before Next Move

📊 The Spinning Top represents confusion between buyers & sellers. ✅ Formation: Small body (green or red). Long upper & lower shadows. Appears after strong move (up or down). ✅ Meaning: Neither bulls nor bears in control. Trend could pause or reverse. 📌 Example: Stock rises from ₹350 → ₹380, forms spinning top at ₹382 → market waiting for next direction. 🧠 Rule: Use with support/resistance context + volume to judge breakout.

MARUTI

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