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.
We use essential cookies to keep you signed in. With your permission we also use Google Analytics to understand how the site is used — this may count as “sharing” under CCPA. We never sell your personal information. Privacy policy
Glossary
Fibonacci concepts, NSE and BSE market structure, FII and DII flows, options, and the terms used across MintX, explained clearly.
59 terms in 7 groups
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.
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.
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.
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.
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.
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.
When multiple Fibonacci levels (from different swings) cluster near the same price. Higher confluence = higher probability signal. MintX confidence scores weight confluence heavily.
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.
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.
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.
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.
A pre-determined price level at which the trade is exited to limit losses. MintX sets stop-losses just below (for STRONG) or above (for WEAK) the Fibonacci level that triggered the signal.
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.
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.
Price levels where buying (support) or selling (resistance) pressure historically concentrates. MintX derives S/R levels directly from Fibonacci retracements of prior swings.
India's largest stock exchange by trading volume. Headquartered in Mumbai. Home to NIFTY indices. MintX covers NSE-listed equities: public pages use end-of-day data, and signed-in pages add live prices where available.
Asia's oldest stock exchange, established 1875. Home to SENSEX. MintX covers BSE-listed equities alongside NSE coverage for dual-listed stocks.
Benchmark index of the 50 largest NSE-listed companies by market capitalisation. Used as a proxy for the Indian equity market's overall health.
Companies ranked 1st–100th by market capitalisation (approximately ₹20,000 Cr+). Generally more liquid, with tighter Fibonacci signal spreads.
Companies ranked 101st–250th by market capitalisation. Higher volatility than large caps — Fibonacci signals here carry wider stop-loss buffers.
Companies ranked 251st and below. Highest risk/reward tier. MintX restricts small-cap signals to Pro subscribers and marks them with explicit risk warnings.
Total market value of a company's outstanding shares = Share price × Shares outstanding. Used to classify stocks into Large / Mid / Small cap.
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.
Indian entities — mutual funds, insurance companies, pension funds — that invest in Indian securities. DIIs often counter FII flows, cushioning market falls.
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.
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.
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.
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.
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.
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.
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.
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.
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.
A model-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.
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.
User-level classification (Conservative, Balanced, Aggressive) set during onboarding. Controls which Fibonacci levels and which stocks' signals are shown. Editable in account settings.
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.
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.
A 0-100 market-wide calm/risk gauge computed from real India VIX and Nifty trend data plus the US VIX, yield curve and dollar risk-on/risk-off read. Deterministic and rule-based — a same-day snapshot of macro conditions, not a forecast of a crash.
User-authored watch rules — level bands, LTCG windows, drawdowns, reversal patterns, client inactivity and more — evaluated on a schedule against live data and delivered to your notifications. You choose what it watches and how often; it never picks stocks or issues trade instructions on its own.
MintX-curated library of backtest strategies (single rules and multi-rule combos, e.g. 'Trend + Momentum Confirmation') run against real NSE price history. Unlike a peer-to-peer strategy marketplace, every strategy is authored by MintX, not bought/sold between users — this keeps it a research tool rather than advisory content. Available at /strategies; a strategy can optionally be attached to an Autopilot config to flag when its entry condition is true today.
A plain-English phrase box on the Autopilot config form (e.g. 'strong signal, sector IT, large cap') that maps recognised words to the same screener filters the form's dropdowns set. Deterministic, not an AI call — it only narrows which stocks a watch rule covers; it never places or recommends a trade, so it carries the same 'watching, not advice' status as the rest of Autopilot.
A deterministic profit-and-loss-at-expiry calculator for a multi-leg options strategy you build in the Terminal. Draws the payoff curve, max profit/loss, breakeven points and net premium for the legs you enter — it never recommends a strategy.
MintX's published, dated hit-rate and median-days-to-target for signed-in users, computed live from every signal issued and its recorded outcome. Past accuracy doesn't guarantee future results.
Two 0-100 gauges — Technical Strength and Fundamental Quality — computed from real price/momentum and balance-sheet data. Every driver shown is a factual observation ('Firm momentum', 'Low leverage'), never a buy/sell instruction.
Sorts the same factual technical/fundamental drivers and any recent chart-pattern reversal into 'supports the case' vs 'argues against it'. No generated text — every bullet is a real, already-computed driver, just grouped by tone.
Plain-English lines built only from real queried numbers — FII/DII net flow, market breadth, and a stock's own sector flow. No AI commentary; every line states a number that was fetched, not written.
Combines trend/reversal detection, the Bull/Bear Case, and Macro Pulse into one stock panel. Deterministic throughout — no LLM, no generated prose.
MintX's search bar answers plain-English queries (e.g. 'EMI on 50L at 9% for 20 years', 'RELIANCE vs TCS') using deterministic intent classification and real data lookups — arithmetic and database reads, not an LLM call.
A plain-English readout of one day's closed trades — net P&L, charges as a % of turnover, best/worst trade — generated entirely from your own transaction data with template sentences, not an AI model. Paired with the P&L Calendar.
A support/resistance and tax-lens view over a portfolio's holdings — how close each position sits to its key levels, and its LTCG/STCG tax position. Available at /portfolio/risk?tab=xray (Pro) and, for RM firms, per-client in the hub.
An RM tool that turns a live prediction signal into a client-ready trade setup — position sizing from the allocation amount, real brokerage/STT/GST charges, and post-tax return using the client's own capital and holding-period tax rate.
GDELT's own real-time global news-tone score (-100 to +100, computed by GDELT itself, not MintX) per topic, paired with real trailing-week moves in crude oil, USD/INR, VIX and Nifty for context, plus live headlines. No hand-authored severity or impact rating.
Live/reference price tiles for Gold, Silver and Crude Oil (COMEX/NYMEX futures) plus USD/INR and EUR/INR reference rates, on the Macro page's Overview tab.
The rate of change of price momentum across EMA crossovers (5-9, 9-21, 21-50 day). Positive acceleration means the trend is strengthening; negative means it is fading. MintX uses momentum_accel fields to rank stocks in the Market Pulse feature.
A price range defined by Fibonacci retracement levels where significant support or resistance is expected. MintX categorises stocks into Near Support (<33%), Mid Range (33-66%), and Near Resistance (>66%) zones for easy screening.
The percentage of closed predictions that hit their target price within the allotted time frame. Calculated as Hits ÷ (Hits + Misses). MintX displays this on both the Prediction Report and individual stock Analysis tabs.
The ratio of potential profit to potential loss on a trade setup. A 1:3 R:R means risking ₹1 to potentially make ₹3. MintX's suggested trade setups (Entry Zone, Target, Stop-Loss) imply an R:R derived from Fibonacci extensions.
The peak-to-trough decline in a position or portfolio value. Maximum drawdown is the largest single drop from a high point. MintX P&L tracking helps you monitor drawdown on open positions in real time.
These definitions are general explanations of market terms. MintX is a technology & analytics platform, not a SEBI-registered investment adviser or research analyst, and nothing here is investment advice. Equity investments are subject to market risks.