MO Briefing
03 Jan 2025 · NSE Derivatives Structure
Posture
Fragmented Contraction
1 session
Contractionary lean but instruments disagreeing. Surface alignment masks internal divergence.
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 — 668 instruments
Structural lean: -0.308(213 expansionary, 419 contractionary)
Basis Stress
Flip stress
0.63x
below baseline
Divergence
1.22x
elevated
Basis flip stress below baseline (0.63x). Instrument divergence elevated (1.22x baseline)
Range Compression
Futures
--
Equities
0.80x
below baseline · 1981 contracts
No surface data available
Recent Path
Structural Activity
Transitioned from Coordinated Expansion
Next MO Briefing: Monday 08:30 IST