MO Briefing
17 Mar 2025 · 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 — 658 instruments
Structural lean: +0.485(470 expansionary, 151 contractionary)
Basis Stress
Flip stress
1.04x
elevated
Divergence
1.17x
elevated
Basis flip stress elevated (1.04x baseline). Instrument divergence elevated (1.17x baseline)
Range Compression
Futures
0.82x
below baseline · 2 contracts
Equities
0.79x
below baseline · 2048 contracts
Compressed ranges (0.82x baseline)
Recent Path
Structural Activity
Transitioned from Contraction Under Stress
Next MO Briefing: Monday 08:30 IST