13 Jun 2025

MO Briefing

13 Jun 2025 · NSE Derivatives Structure

coherentstressedexpansioncontraction

Posture

Contraction Under Stress

1 session

Contracting with internal strain. Basis structure under stress.

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

14%
57%
21%
Long Buildup 92Short Buildup 379Long Unwind 138Short Cover 33Neutral 23

Structural lean: -0.589(125 expansionary, 517 contractionary)

Basis Stress

Flip stress

1.18x

elevated

Divergence

1.05x

elevated

Basis flip stress elevated (1.18x baseline). Instrument divergence elevated (1.05x baseline)

Range Compression

Futures

--

Equities

1.02x

elevated · 2064 contracts

No surface data available

Recent Path

Fragmented Expansion05
Coordinated Expansion06
Coordinated Expansion09
Early Contraction10
Coordinated Contraction11
Coordinated Contraction12
Contraction Under Stress13

Structural Activity

Elevated
posture changed|flip stress elevated|divergence elevated

Transitioned from Coordinated Contraction

Next MO Briefing: Monday 08:30 IST

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