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Nikita (SEBI RA)

6th Oct · SEBI-Registered Analyst

Spinning Top – Sign of Indecision ⚖️

📊 A Spinning Top is a small-bodied candle with long upper and lower shadows, signaling market indecision. ✅ Meaning: Neither bulls nor bears are in control → potential reversal or pause. 📌 Example: After a sharp rally ₹510 → ₹560, a spinning top forms around ₹565 → signals momentum slowing → trend reversal or sideways move possible. 🧠 Tip: Spinning tops near support/resistance zones often precede major moves.

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