MO Briefing
03 Apr 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 — 659 instruments
Structural lean: +0.159(369 expansionary, 264 contractionary)
Basis Stress
Flip stress
0.53x
below baseline
Divergence
0.79x
below baseline
Basis flip stress below baseline (0.53x). Instrument divergence below baseline (0.79x)
Range Compression
Futures
0.65x
below baseline · 3 contracts
Equities
0.89x
below baseline · 2111 contracts
Deeply compressed ranges (0.65x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Expansion
Next MO Briefing: Monday 08:30 IST