MO Briefing
20 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: +0.394(449 expansionary, 190 contractionary)
Basis Stress
Flip stress
1.53x
elevated
Divergence
0.70x
below baseline
Basis flip stress elevated (1.53x baseline). Instrument divergence below baseline (0.70x)
Range Compression
Futures
0.69x
below baseline · 2 contracts
Equities
0.80x
below baseline · 2046 contracts
Deeply compressed ranges (0.69x baseline)
Recent Path
Structural Activity
Transitioned from Coordinated Expansion
Next MO Briefing: Monday 08:30 IST