MO Briefing
24 Apr 2025 · NSE Derivatives Structure
Posture
Fragmented Contraction
1 session
Contractionary lean but instruments disagreeing. Surface alignment masks internal divergence.
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 — 437 instruments
Structural lean: -0.076(201 expansionary, 234 contractionary)
Basis Stress
Flip stress
0.77x
below baseline
Divergence
2.57x
elevated
Basis flip stress below baseline (0.77x). Instrument divergence elevated (2.57x baseline)
Range Compression
Futures
--
Equities
0.72x
below baseline · 2092 contracts
No surface data available
Recent Path
Structural Activity
Transitioned from Expansion Under Stress
Next MO Briefing: Monday 08:30 IST