06 Jun 2025

MO Briefing

06 Jun 2025 · NSE Derivatives Structure

coherentstressedexpansioncontraction

Posture

Coordinated Expansion

1 session

Instruments aligned in expansion. Structure is coherent.

How to read this

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

55%
16%
21%
Long Buildup 363Short Buildup 106Long Unwind 32Short Cover 137Neutral 27

Structural lean: +0.544(500 expansionary, 138 contractionary)

Basis Stress

Flip stress

0.79x

below baseline

Divergence

0.61x

below baseline

Basis flip stress below baseline (0.79x). Instrument divergence below baseline (0.61x)

Range Compression

Futures

--

Equities

0.85x

below baseline · 2075 contracts

No surface data available

Recent Path

Fragmented Expansion29
Fragmented Contraction30
Early Expansion02
Early Contraction03
Fragmented Expansion04
Fragmented Expansion05
Coordinated Expansion06

Structural Activity

Active
posture changed|flip stress normal|divergence normal

Transitioned from Fragmented Expansion

Next MO Briefing: Monday 08:30 IST

MarketObservatory describes the structural condition of the market. It does not predict price direction.