MO Briefing
09 Aug 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 — 556 instruments
Structural lean: +0.448(385 expansionary, 136 contractionary)
Basis Stress
Flip stress
0.69x
below baseline
Divergence
1.09x
elevated
Basis flip stress below baseline (0.69x). Instrument divergence elevated (1.09x baseline)
Range Compression
Futures
0.90x
below baseline · 1 contracts
Equities
0.80x
below baseline · 1913 contracts
Compressed ranges (0.90x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Contraction
Next MO Briefing: Monday 08:30 IST