MO Briefing
11 Nov 2024 · NSE Derivatives Structure
Posture
Coordinated Contraction
2 sessions
Instruments aligned in contraction. Structure is coherent.
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: -0.355(160 expansionary, 355 contractionary)
Basis Stress
Flip stress
0.47x
below baseline
Divergence
0.89x
below baseline
Basis flip stress below baseline (0.47x). Instrument divergence below baseline (0.89x)
Range Compression
Futures
1.06x
elevated · 6 contracts
Equities
0.87x
below baseline · 1924 contracts
Slightly expanded ranges (1.06x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST