MO Briefing
31 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 — 667 instruments
Structural lean: +0.111(344 expansionary, 270 contractionary)
Basis Stress
Flip stress
1.10x
elevated
Divergence
1.63x
elevated
Basis flip stress elevated (1.10x baseline). Instrument divergence elevated (1.63x baseline)
Range Compression
Futures
1.00x
elevated · 11 contracts
Equities
0.84x
below baseline · 1985 contracts
Slightly expanded ranges (1.00x baseline)
Recent Path
Structural Activity
Transitioned from Contraction Under Stress
Next MO Briefing: Monday 08:30 IST