MO Briefing
05 May 2025 · NSE Derivatives Structure
Posture
Fragmented Expansion
1 session
Expansionary 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 — 653 instruments
Structural lean: +0.697(535 expansionary, 80 contractionary)
Basis Stress
Flip stress
0.95x
below baseline
Divergence
1.09x
elevated
Basis flip stress below baseline (0.95x). Instrument divergence elevated (1.09x baseline)
Range Compression
Futures
--
Equities
0.75x
below baseline · 2106 contracts
No surface data available
Recent Path
Structural Activity
Transitioned from Fragmented Contraction
Next MO Briefing: Monday 08:30 IST