MO Briefing
26 Mar 2025 · NSE Derivatives Structure
Posture
Contraction Under Stress
2 sessions
Contracting 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: -0.386(198 expansionary, 452 contractionary)
Basis Stress
Flip stress
1.45x
elevated
Divergence
0.91x
below baseline
Basis flip stress elevated (1.45x baseline). Instrument divergence below baseline (0.91x)
Range Compression
Futures
0.78x
below baseline · 2 contracts
Equities
0.95x
below baseline · 2105 contracts
Compressed ranges (0.78x baseline)
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST