MO Briefing
07 Mar 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 — 658 instruments
Structural lean: -0.178(254 expansionary, 371 contractionary)
Basis Stress
Flip stress
0.65x
below baseline
Divergence
1.62x
elevated
Basis flip stress below baseline (0.65x). Instrument divergence elevated (1.62x baseline)
Range Compression
Futures
1.12x
elevated · 2 contracts
Equities
0.71x
below baseline · 2029 contracts
Slightly expanded ranges (1.12x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Expansion
Next MO Briefing: Monday 08:30 IST