MO Briefing
07 Nov 2024 · NSE Derivatives Structure
Posture
Early Contraction
1 session
First session of contractionary 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 — 549 instruments
Structural lean: -0.577(102 expansionary, 419 contractionary)
Basis Stress
Flip stress
0.43x
below baseline
Divergence
0.98x
below baseline
Basis flip stress below baseline (0.43x). Instrument divergence below baseline (0.98x)
Range Compression
Futures
0.89x
below baseline · 6 contracts
Equities
0.83x
below baseline · 1918 contracts
Compressed ranges (0.89x baseline)
Recent Path
Structural Activity
Transitioned from Coordinated Expansion
Next MO Briefing: Monday 08:30 IST