What is Fibonacci retracement?
Fibonacci retracement divides a price swing into ratios—23.6%, 38.2%, 50%, 61.8%, and 78.6%—where pullbacks often stall before the trend resumes. Extensions such as 161.8% and 261.8% project targets beyond the original swing high.
Indian traders use these levels on Nifty, Bank Nifty, and stock charts in TradingView and broker terminals. This calculator matches the common 0%–100% grid from swing low to swing high.
How to use this tool
Mark a clear swing low and swing high on your timeframe (for example, the last impulse leg on a 15-minute or daily chart).
Enter both prices. The table lists every ratio; the ladder chart shows where each level sits relative to the range.
Use levels with your entry rules—such as confluence with pivots or VWAP—not as automatic buy or sell signals.