MO Briefing
17 Sep 2024 · NSE Derivatives Structure
Posture
Contraction Under Stress
1 session
Contracting with internal strain. Basis structure under stress.
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: -0.206(210 expansionary, 324 contractionary)
Basis Stress
Flip stress
1.28x
elevated
Divergence
1.08x
elevated
Basis flip stress elevated (1.28x baseline). Instrument divergence elevated (1.08x baseline)
Range Compression
Futures
0.41x
below baseline · 2 contracts
Equities
0.86x
below baseline · 1838 contracts
Deeply compressed ranges (0.41x baseline)
Recent Path
Structural Activity
Transitioned from Early Contraction
Next MO Briefing: Monday 08:30 IST