MO Briefing
18 Mar 2025 · NSE Derivatives Structure
Posture
Coordinated Expansion
1 session
Instruments aligned in expansion. Structure is coherent.
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: +0.868(601 expansionary, 30 contractionary)
Basis Stress
Flip stress
0.65x
below baseline
Divergence
0.32x
below baseline
Basis flip stress below baseline (0.65x). Instrument divergence below baseline (0.32x)
Range Compression
Futures
1.83x
elevated · 2 contracts
Equities
0.75x
below baseline · 2048 contracts
Expanded ranges (1.83x baseline)
Recent Path
Structural Activity
Transitioned from Expansion Under Stress
Next MO Briefing: Monday 08:30 IST