MO Briefing
29 Jul 2025 · NSE Derivatives Structure
Posture
Expansion Under Stress
1 session
Expanding with internal strain. Basis structure under stress.
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: +0.546(504 expansionary, 144 contractionary)
Basis Stress
Flip stress
1.89x
elevated
Divergence
0.67x
below baseline
Basis flip stress elevated (1.89x baseline). Instrument divergence below baseline (0.67x)
Range Compression
Futures
0.94x
below baseline · 5 contracts
Equities
1.00x
at baseline · 2050 contracts
Compressed ranges (0.94x baseline)
Recent Path
Structural Activity
Transitioned from Contraction Under Stress
Next MO Briefing: Monday 08:30 IST