MO Briefing
11 Jul 2025 · NSE Derivatives Structure
Posture
Coordinated Contraction
1 session
Instruments aligned in contraction. Structure is coherent.
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 — 659 instruments
Structural lean: -0.563(130 expansionary, 501 contractionary)
Basis Stress
Flip stress
0.81x
below baseline
Divergence
0.98x
below baseline
Basis flip stress below baseline (0.81x). Instrument divergence below baseline (0.98x)
Range Compression
Futures
0.78x
below baseline · 5 contracts
Equities
0.86x
below baseline · 2030 contracts
Compressed ranges (0.78x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Contraction
Next MO Briefing: Monday 08:30 IST