MO Briefing
02 Dec 2024 · NSE Derivatives Structure
Posture
Coordinated Expansion
1 session
Instruments aligned in expansion. 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 — 684 instruments
Structural lean: +0.346(435 expansionary, 198 contractionary)
Basis Stress
Flip stress
0.66x
below baseline
Divergence
0.98x
below baseline
Basis flip stress below baseline (0.66x). Instrument divergence below baseline (0.98x)
Range Compression
Futures
1.04x
elevated · 11 contracts
Equities
0.84x
below baseline · 1968 contracts
Slightly expanded ranges (1.04x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Expansion
Next MO Briefing: Monday 08:30 IST