Trading Terms & Definitions
Fibonacci concepts, NSE/BSE market structure, FII/DII definitions, and MintX-specific terminology — explained clearly for educational purposes.
Fibonacci Concepts
Fibonacci Retracement
A technical analysis tool that uses horizontal lines to indicate areas of support or resistance at the key Fibonacci levels — 23.6%, 38.2%, 50%, 61.8%, and 78.6% — before the price continues in the original direction.
38.2% Retracement
The first significant Fibonacci level after a trend. A shallow pullback that often signals strong underlying momentum. MintX monitors this level for potential continuation trades.
50% Retracement
Not a true Fibonacci ratio but widely used (derived from Dow Theory). Represents a 'fair value' mid-point of the prior move. High-probability level for reversals in trending stocks.
61.8% Retracement (Golden Ratio)
The most important Fibonacci level, derived from the Golden Ratio (φ ≈ 1.618). Known as the 'golden retracement'. Historically the highest probability reversal zone across NSE-listed equities.
78.6% Retracement
A deep retracement level (square root of 0.618). Often the last line of defence before a full trend reversal. MintX flags this as a 'high-risk, high-reward' zone with mandatory stop-loss discipline.
Fibonacci Extension
Used to project potential price targets beyond the original high or low. Common extension levels: 127.2%, 161.8%, 261.8%. MintX uses these to set Target levels in signal reports.
Confluence Zone
When multiple Fibonacci levels (from different swings) cluster near the same price. Higher confluence = higher probability signal. MintX confidence scores weight confluence heavily.
Signal & Analysis Terms
BUY Signal
A signal indicating potential upward price movement from a Fibonacci support level. Includes entry price, target (Fibonacci extension), and stop-loss below the retracement zone.
SELL Signal
A signal indicating potential downward price movement from a Fibonacci resistance level. Includes entry price, target (lower Fibonacci extension), and stop-loss above the resistance.
Confidence Score
MintX proprietary 0–100 score for each signal, combining Fibonacci confluence strength, volume confirmation, sector momentum, and historical hit-rate for the specific level + stock combination.
Risk/Reward Ratio (R/R)
The ratio of potential profit to potential loss. A 3:1 R/R means ₹3 potential gain for every ₹1 of risk. MintX filters signals to a minimum 2:1 R/R before publishing.
Stop-Loss (SL)
A pre-determined price level at which the trade is exited to limit losses. MintX sets stop-losses just below (for BUY) or above (for SELL) the Fibonacci level that triggered the signal.
Hit Rate / Accuracy
Percentage of closed signals where the target was reached before the stop-loss. MintX calculates this per stock (minimum 20 signals) and in aggregate across all closed signals.
Protected (Stop-Out)
A signal that was exited at stop-loss, preserving remaining capital. MintX distinguishes 'Protected' (SL hit, discipline maintained) from 'Missed' (exited manually at a loss) in its scoreboard.
Support & Resistance (S/R)
Price levels where buying (support) or selling (resistance) pressure historically concentrates. MintX derives S/R levels directly from Fibonacci retracements of prior swings.
Market Structure
NSE (National Stock Exchange)
India's largest stock exchange by trading volume. Headquartered in Mumbai. Home to NIFTY indices. MintX monitors 500+ NSE-listed equities in real time.
BSE (Bombay Stock Exchange)
Asia's oldest stock exchange, established 1875. Home to SENSEX. MintX covers BSE-listed equities alongside NSE coverage for dual-listed stocks.
NIFTY 50
Benchmark index of the 50 largest NSE-listed companies by market capitalisation. Used as a proxy for the Indian equity market's overall health.
Large Cap
Companies ranked 1st–100th by market capitalisation (approximately ₹20,000 Cr+). Generally more liquid, with tighter Fibonacci signal spreads.
Mid Cap
Companies ranked 101st–250th by market capitalisation. Higher volatility than large caps — Fibonacci signals here carry wider stop-loss buffers.
Small Cap
Companies ranked 251st and below. Highest risk/reward tier. MintX restricts small-cap signals to Pro subscribers and marks them with explicit risk warnings.
Market Cap
Total market value of a company's outstanding shares = Share price × Shares outstanding. Used to classify stocks into Large / Mid / Small cap.
FII, DII & Institutional Flows
FII (Foreign Institutional Investor)
Overseas entities (funds, banks, hedge funds) registered with SEBI to invest in Indian securities. FII buy/sell activity is a major driver of NIFTY movement and is tracked daily on MintX.
DII (Domestic Institutional Investor)
Indian entities — mutual funds, insurance companies, pension funds — that invest in Indian securities. DIIs often counter FII flows, cushioning market falls.
FII/DII Net Flow
Daily net buy/sell difference for FIIs and DIIs. Positive FII net = foreign capital inflow (bullish signal). MintX plots this alongside NIFTY price for correlation analysis.
FPI (Foreign Portfolio Investor)
The current SEBI classification for what was previously called FII. Includes Category I (government entities), II (regulated funds), and III (all others). MintX uses FII/FPI interchangeably in the UI.
FPI Sector Allocation
Breakdown of FPI holdings and changes by sector (IT, Banking, Energy, etc.). A sector gaining FPI allocation typically sees increased bullish Fibonacci signals on MintX.
Options & Derivatives
Open Interest (OI)
Total number of outstanding derivative contracts (futures or options) that have not been settled. Rising OI with rising price confirms bullish trend. MintX tracks OI alongside Fibonacci signals for confirmation.
Put-Call Ratio (PCR)
Ratio of put OI to call OI. PCR > 1.2 = bearish sentiment (more puts). PCR < 0.7 = bullish sentiment (more calls). MintX displays PCR per expiry and per strike.
Max Pain
The strike price at which options writers (sellers) would suffer minimum loss at expiry. Often acts as a magnet for price on expiry day. MintX calculates max pain per weekly/monthly expiry.
IV (Implied Volatility)
Market's forward-looking estimate of price volatility embedded in option premiums. High IV = expensive options. MintX shows IV percentile to help assess signal premium cost.
F&O Ban
When a stock's OI exceeds 95% of its market-wide position limit, it enters the F&O ban period. No new positions allowed. MintX flags ban-period stocks and suppresses fresh F&O signals.
MintX Platform Terms
Signal Report
A full-page breakdown of a single MintX signal including: Fibonacci level triggered, entry rationale, target & SL calculation, historical accuracy for this level/stock combination, and sector context.
Smart Basket
An AI-curated, thematic bundle of stocks (e.g. 'Nifty50 Core', 'Midcap Momentum'). Advisors push a basket to multiple clients simultaneously. Each client sees the basket as actionable signals.
Advice Nudge
A personalised, compliance-aware recommendation sent by an advisor to a specific client within the MintX platform. Includes basket name, signal tickers, headline, and supporting detail.
Risk Profile
User-level classification (Conservative, Balanced, Aggressive) set during onboarding. Controls which Fibonacci levels and which stocks' signals are shown. Editable in account settings.
Sentimeter
MintX's proprietary breadth index — percentage of tracked stocks with bullish Fibonacci momentum across multiple timeframes. Values above 70 = broad bull market. Below 30 = broad bear market.
Prediction Report
Historical analysis of all signals generated for a stock over a rolling period, showing hit/miss breakdown, average return, and R/R distribution. Accessible to Pro subscribers.
Educational purposes only. All definitions and examples on this page are provided for general educational and research purposes. Nothing on this page constitutes investment advice, trading recommendations, or financial guidance. Equity investments are subject to market risks. Please read all relevant documents carefully before investing.