MO Briefing
05 Jun 2025 · NSE Derivatives Structure
Posture
Fragmented Expansion
2 sessions
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 — 665 instruments
Structural lean: +0.189(377 expansionary, 251 contractionary)
Basis Stress
Flip stress
0.51x
below baseline
Divergence
1.33x
elevated
Basis flip stress below baseline (0.51x). Instrument divergence elevated (1.33x baseline)
Range Compression
Futures
--
Equities
0.80x
below baseline · 2082 contracts
No surface data available
Recent Path
Structural Activity
Next MO Briefing: Monday 08:30 IST