Markets › Nifty 50 › Fibonacci bounce down
Indian stock market · indicator signal
Fibonacci bounce down on Nifty 50
On Nifty 50 the fibonacci bounce down showed up 51 times. The target came first 39% of the time, the stop 51%, and 10% went nowhere within 12 candles.
Counted on Nifty 50: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 6 | 50% | 50% | 0% |
| Hourly | 45 | 38% | 51% | 11% |
Nifty 50 against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Nifty 50 | 51 | 39% | 51% | 10% |
| 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 |
|---|---|---|---|
| 2022 | 5 | 60% | 40% |
| 2025 | 23 | 39% | 52% |
| 2026 | 22 | 36% | 50% |
The last 8 times
- 24 Jun 2026, 11:15 IST · hourly · stop first after 2 candles
- 30 Apr 2026, 14:15 IST · hourly · stop first after 2 candles
- 28 Apr 2026, 11:15 IST · hourly · stop first after 5 candles
- 28 Apr 2026, 10:15 IST · hourly · target first after 2 candles
- 1 Apr 2026, 13:15 IST · hourly · target first after 3 candles
- 1 Apr 2026, 10:15 IST · hourly · target first after 6 candles
- 17 Mar 2026, 11:15 IST · hourly · stop first after 2 candles
- 16 Mar 2026, 15:15 IST · hourly · stop first after 1 candle
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 Nifty 50
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Gap up · Spinning top · Doji · Gap down · MACD bearish cross · MACD bullish cross · RSI overbought drop · all of them
The fibonacci bounce down elsewhere
Sensex · Bank Nifty · 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 down work on Nifty 50?
In 51 cases on Nifty 50, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 51%; 10% 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.