MO Briefing
13 Feb 2025 · NSE Derivatives Structure
Posture
Stressed Equilibrium
1 session
No structural lean, but basis structure is strained. Tension without resolution.
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: +0.000(312 expansionary, 312 contractionary)
Basis Stress
Flip stress
1.01x
elevated
Divergence
1.42x
elevated
Basis flip stress elevated (1.01x baseline). Instrument divergence elevated (1.42x baseline)
Range Compression
Futures
0.33x
below baseline · 1 contracts
Equities
0.85x
below baseline · 2030 contracts
Deeply compressed ranges (0.33x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Contraction
Next MO Briefing: Monday 08:30 IST