MO Briefing
12 Feb 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 — 662 instruments
Structural lean: -0.106(282 expansionary, 352 contractionary)
Basis Stress
Flip stress
0.97x
below baseline
Divergence
1.59x
elevated
Basis flip stress below baseline (0.97x). Instrument divergence elevated (1.59x baseline)
Range Compression
Futures
1.28x
elevated · 1 contracts
Equities
1.23x
elevated · 2030 contracts
Slightly expanded ranges (1.28x baseline)
Recent Path
Structural Activity
Transitioned from Coordinated Contraction
Next MO Briefing: Monday 08:30 IST