MO Briefing
29 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 — 374 instruments
Structural lean: +0.040(193 expansionary, 178 contractionary)
Basis Stress
Flip stress
0.62x
below baseline
Divergence
2.40x
elevated
Basis flip stress below baseline (0.62x). Instrument divergence elevated (2.40x baseline)
Range Compression
Futures
1.40x
elevated · 1 contracts
Equities
0.86x
below baseline · 1875 contracts
Expanded ranges (1.40x baseline)
Recent Path
Structural Activity
Transitioned from Contraction Under Stress
Next MO Briefing: Monday 08:30 IST