Markets › BHEL › Fibonacci bounce up
Indian stock market · indicator signal
Fibonacci bounce up on BHEL
On BHEL the fibonacci bounce up showed up 34 times. The target came first 29% of the time, the stop 62%, and 9% went nowhere within 12 candles.
Counted on BHEL: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 14 | 29% | 50% | 21% |
| Hourly | 20 | 30% | 70% | 0% |
BHEL against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| BHEL | 34 | 29% | 62% | 9% |
| All Indian stock market charts | 2,600 | 38% | 57% | 5% |
| Every market | 16,357 | 35% | 58% | 8% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 5 | 40% | 60% |
| 2023 | 3 | 0% | 0% |
| 2025 | 16 | 19% | 81% |
| 2026 | 5 | 60% | 40% |
The last 8 times
- 11 Mar 2026, 15:15 IST · hourly · stop first after 1 candle
- 2 Feb 2026, 13:15 IST · hourly · target first after 3 candles
- 2 Feb 2026, 12:15 IST · hourly · target first after 2 candles
- 2 Feb 2026, 11:15 IST · hourly · target first after 3 candles
- 2 Feb 2026, 09:15 IST · hourly · stop first after 1 candle
- 10 Sep 2025, 09:15 IST · hourly · target first after 2 candles
- 9 Sep 2025, 15:15 IST · hourly · target first after 1 candle
- 6 Aug 2025, 13:15 IST · hourly · stop first after 3 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 up is
After a big rise, price pulled back to the 50 to 61.8% zone and bounced.
Imagine climbing a hill, sliding back about halfway, then catching your footing and climbing again. Fibonacci levels mark how far back price slid compared with the climb. A Fibonacci bounce up is when price slides back into the 50% to 61.8% zone and bounces.
The full fibonacci bounce up lesson, video and quiz ›
Other patterns on BHEL
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile rejection · MACD bullish cross · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · Volume profile bounce · all of them
The fibonacci bounce up elsewhere
Sensex · Nifty 50 · Bharti Airtel · 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 up work on BHEL?
In 34 cases on BHEL, the target (1.5 × ATR) came before the stop (1 × ATR) 29% of the time and the stop came first 62%; 9% went nowhere within 12 candles.
What is the fibonacci bounce up?
After a big rise, price pulled back to the 50 to 61.8% zone and bounced.