MO Briefing
06 Aug 2024 · NSE Derivatives Structure
Posture
Coordinated Contraction
2 sessions
Instruments aligned in contraction. Structure is coherent.
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 — 556 instruments
Structural lean: -0.281(186 expansionary, 342 contractionary)
Basis Stress
Flip stress
0.73x
below baseline
Divergence
0.99x
below baseline
Basis flip stress below baseline (0.73x). Instrument divergence below baseline (0.99x)
Range Compression
Futures
1.49x
elevated · 1 contracts
Equities
1.21x
elevated · 1922 contracts
Expanded ranges (1.49x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST