MO Briefing
12 Sep 2024 · NSE Derivatives Structure
Posture
Early Expansion
1 session
First session of expansionary alignment. Persistence not yet confirmed.
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 — 554 instruments
Structural lean: +0.785(479 expansionary, 44 contractionary)
Basis Stress
Flip stress
0.69x
below baseline
Divergence
0.27x
below baseline
Basis flip stress below baseline (0.69x). Instrument divergence below baseline (0.27x)
Range Compression
Futures
0.94x
below baseline · 2 contracts
Equities
0.82x
below baseline · 1838 contracts
Compressed ranges (0.94x baseline)
Recent Path
Structural Activity
Transitioned from Early Contraction
Next MO Briefing: Monday 08:30 IST