MO Briefing
22 Nov 2024 · NSE Derivatives Structure
Posture
Expansion Under Stress
1 session
Expanding 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: +0.923(521 expansionary, 14 contractionary)
Basis Stress
Flip stress
1.70x
elevated
Divergence
0.26x
below baseline
Basis flip stress elevated (1.70x baseline). Instrument divergence below baseline (0.26x)
Range Compression
Futures
0.98x
below baseline · 6 contracts
Equities
0.73x
below baseline · 1952 contracts
Compressed ranges (0.98x baseline)
Recent Path
Structural Activity
Transitioned from Contraction Under Stress
Next MO Briefing: Monday 08:30 IST