MO Briefing
29 Jul 2024 · NSE Derivatives Structure
Posture
Fragmented Expansion
1 session
Expansionary lean but instruments disagreeing. Surface alignment masks internal divergence.
The compass maps the structural posture of the derivatives market. The horizontal axis shows expansion vs contraction. The vertical axis shows coherence vs stress.
The dot marks today's position. The trail shows the past 7 sessions. The posture label describes what the structure is — not where it's going.
Depth panels below show the underlying measurements: positioning breadth, basis stress, range compression, and structural activity.
Depth
Positioning — 555 instruments
Structural lean: +0.276(342 expansionary, 189 contractionary)
Basis Stress
Flip stress
0.73x
below baseline
Divergence
1.11x
elevated
Basis flip stress below baseline (0.73x). Instrument divergence elevated (1.11x baseline)
Range Compression
Futures
3.00x
elevated · 1 contracts
Equities
0.86x
below baseline · 1917 contracts
Expanded ranges (3.00x baseline)
Recent Path
Structural Activity
Transitioned from Early Expansion
Next MO Briefing: Monday 08:30 IST