MO Briefing
30 Aug 2024 · NSE Derivatives Structure
Posture
Fragmented Expansion
2 sessions
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 — 553 instruments
Structural lean: +0.360(356 expansionary, 157 contractionary)
Basis Stress
Flip stress
0.19x
below baseline
Divergence
1.40x
elevated
Basis flip stress below baseline (0.19x). Instrument divergence elevated (1.40x baseline)
Range Compression
Futures
1.41x
elevated · 2 contracts
Equities
0.76x
below baseline · 1866 contracts
Expanded ranges (1.41x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST