MO Briefing
23 Dec 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 — 684 instruments
Structural lean: +0.192(395 expansionary, 264 contractionary)
Basis Stress
Flip stress
2.33x
elevated
Divergence
1.25x
elevated
Basis flip stress elevated (2.33x baseline). Instrument divergence elevated (1.25x baseline)
Range Compression
Futures
0.93x
below baseline · 8 contracts
Equities
1.03x
elevated · 1975 contracts
Compressed ranges (0.93x baseline)
Recent Path
Structural Activity
Transitioned from Contraction Under Stress
Next MO Briefing: Monday 08:30 IST