Spinning Top
Small real body with upper and lower wicks of roughly equal length, both noticeably longer than the body. Like a Doji but with a visible body.
Indecision·Indecision·1-candle·Works in either trend
Pattern shape
What it means
Neither buyers nor sellers could control the close. The session opened, swung in both directions, and ended near the start; sentiment is balanced.
Confirmation to wait for
On its own a spinning top means little. Treat as a 'pause' signal after a trend, and wait for the next 1-2 candles to break the indecision.
Failure mode
Spinning tops are common inside any trend; most don't lead to reversals. Only matters at extremes (after a long run + at a level).
Detection rule
body ≤ 30% × range AND upper wick > 20% × range AND lower wick > 20% × range. Small body with meaningful wicks on both sides.
The scanner below applies this rule to today's daily candles across actively-traded NSE equities, ranked by traded value (price × volume). Liquidity floor: ₹25 Cr traded today. Rule-based matches - not buy/sell calls.
Stocks matching today
Scanner coming soon
Detection isn't wired for this pattern yet. The rule above describes what the scanner will look for; it'll go live with the next set of detectors.
Related patterns (same signal direction)
Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.