MO Briefing
18 Nov 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 — 549 instruments
Structural lean: -0.184(209 expansionary, 310 contractionary)
Basis Stress
Flip stress
1.34x
elevated
Divergence
0.76x
below baseline
Basis flip stress elevated (1.34x baseline). Instrument divergence below baseline (0.76x)
Range Compression
Futures
0.84x
below baseline · 6 contracts
Equities
0.92x
below baseline · 1956 contracts
Compressed ranges (0.84x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Contraction
Next MO Briefing: Monday 08:30 IST