MO Briefing
30 Jul 2025 · NSE Derivatives Structure
Posture
Contraction Under Stress
1 session
Contracting 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: -0.203(260 expansionary, 394 contractionary)
Basis Stress
Flip stress
2.24x
elevated
Divergence
1.10x
elevated
Basis flip stress elevated (2.24x baseline). Instrument divergence elevated (1.10x baseline)
Range Compression
Futures
0.82x
below baseline · 5 contracts
Equities
0.87x
below baseline · 2053 contracts
Compressed ranges (0.82x baseline)
Recent Path
Structural Activity
Transitioned from Expansion Under Stress
Next MO Briefing: Monday 08:30 IST