MO Briefing
14 Oct 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 — 550 instruments
Structural lean: +0.291(340 expansionary, 180 contractionary)
Basis Stress
Flip stress
0.72x
below baseline
Divergence
1.03x
elevated
Basis flip stress below baseline (0.72x). Instrument divergence elevated (1.03x baseline)
Range Compression
Futures
0.24x
below baseline · 1 contracts
Equities
0.77x
below baseline · 1908 contracts
Deeply compressed ranges (0.24x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST