MO Briefing
08 Aug 2024 · NSE Derivatives Structure
Posture
Fragmented Contraction
1 session
Contractionary 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 — 556 instruments
Structural lean: -0.577(101 expansionary, 422 contractionary)
Basis Stress
Flip stress
0.84x
below baseline
Divergence
1.32x
elevated
Basis flip stress below baseline (0.84x). Instrument divergence elevated (1.32x baseline)
Range Compression
Futures
0.89x
below baseline · 1 contracts
Equities
0.83x
below baseline · 1913 contracts
Compressed ranges (0.89x baseline)
Recent Path
Structural Activity
Transitioned from Early Expansion
Next MO Briefing: Monday 08:30 IST