MO Briefing
24 Dec 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 — 683 instruments
Structural lean: -0.026(326 expansionary, 344 contractionary)
Basis Stress
Flip stress
2.11x
elevated
Divergence
1.39x
elevated
Basis flip stress elevated (2.11x baseline). Instrument divergence elevated (1.39x baseline)
Range Compression
Futures
0.72x
below baseline · 8 contracts
Equities
0.78x
below baseline · 1973 contracts
Compressed ranges (0.72x baseline)
Recent Path
Structural Activity
Transitioned from Expansion Under Stress
Next MO Briefing: Monday 08:30 IST