Trading Class

Markets › Bharti Airtel › Fibonacci bounce down

Indian stock market · indicator signal

Fibonacci bounce down on Bharti Airtel

On Bharti Airtel the fibonacci bounce down showed up 43 times. The target came first 14% of the time, the stop 86%, and 0% went nowhere within 12 candles.

Counted on Bharti Airtel: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1817%83%0%
Hourly2512%88%0%

Bharti Airtel against the rest

ChartsFoundTarget firstStop firstWent nowhere
Bharti Airtel4314%86%0%
All Indian stock market charts3,01438%57%4%
Every market17,93635%57%8%

Year by year

YearFoundTarget firstStop first
202060%100%
2021560%40%
2025150%100%
20261127%73%

The last 8 times

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 Bharti Airtel

Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · Doji · Volume profile rejection · Volume profile bounce · MACD bearish cross · MACD bullish cross · EMA 9/21 bullish cross · all of them

The fibonacci bounce down elsewhere

Sensex · Nifty 50 · Bank Nifty · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Shriram Finance · Dow Jones · S&P 500 · Nikkei 225 · Sony · GBP/USD · EUR/JPY · Gold · Silver

Questions

How often does the fibonacci bounce down work on Bharti Airtel?

In 43 cases on Bharti Airtel, the target (1.5 × ATR) came before the stop (1 × ATR) 14% of the time and the stop came first 86%; 0% 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.