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Indian stock market · indicator signal
Fibonacci bounce down on Adani Enterprises
On Adani Enterprises the fibonacci bounce down showed up 52 times. The target came first 38% of the time, the stop 54%, and 8% went nowhere within 12 candles.
Counted on Adani Enterprises: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 18 | 33% | 61% | 6% |
| Hourly | 34 | 41% | 50% | 9% |
Adani Enterprises against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Adani Enterprises | 52 | 38% | 54% | 8% |
| All Indian stock market charts | 3,014 | 38% | 57% | 4% |
| Every market | 17,936 | 35% | 57% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 4 | 25% | 75% |
| 2021 | 3 | 33% | 33% |
| 2022 | 4 | 25% | 75% |
| 2024 | 4 | 50% | 50% |
| 2025 | 26 | 35% | 54% |
| 2026 | 8 | 62% | 38% |
The last 8 times
- 6 Apr 2026, 10:15 IST · hourly · stop first after 2 candles
- 1 Apr 2026, 14:15 IST · hourly · target first after 2 candles
- 10 Mar 2026, 09:15 IST · hourly · stop first after 7 candles
- 28 Jan 2026, 09:15 IST · hourly · stop first after 11 candles
- 23 Jan 2026, 10:15 IST · hourly · target first after 2 candles
- 23 Jan 2026, 09:15 IST · hourly · target first after 3 candles
- 22 Jan 2026, 12:15 IST · hourly · target first after 7 candles
- 22 Jan 2026, 10:15 IST · hourly · target first after 9 candles
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 fibonacci bounce down is
After a big fall, price rallied back to the 50 to 61.8% zone and turned down.
Imagine falling down a slide, climbing back up about halfway, then slipping down again. Fibonacci levels mark how far price climbed back compared with the fall. A Fibonacci bounce down is when price rallies back into the 50% to 61.8% zone and turns down.
The full fibonacci bounce down lesson, video and quiz ›
Other patterns on Adani Enterprises
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · Volume profile rejection · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Volume profile bounce · all of them
The fibonacci bounce down 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 fibonacci bounce down work on Adani Enterprises?
In 52 cases on Adani Enterprises, the target (1.5 × ATR) came before the stop (1 × ATR) 38% of the time and the stop came first 54%; 8% went nowhere within 12 candles.
What is the fibonacci bounce down?
After a big fall, price rallied back to the 50 to 61.8% zone and turned down.