MO Briefing
30 Sep 2024 · NSE Derivatives Structure
Posture
Fragmented Contraction
1 session
Contractionary 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 — 552 instruments
Structural lean: -0.293(177 expansionary, 339 contractionary)
Basis Stress
Flip stress
0.27x
below baseline
Divergence
1.05x
elevated
Basis flip stress below baseline (0.27x). Instrument divergence elevated (1.05x baseline)
Range Compression
Futures
1.66x
elevated · 4 contracts
Equities
0.93x
below baseline · 1849 contracts
Expanded ranges (1.66x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Expansion
Next MO Briefing: Monday 08:30 IST