MO Briefing
04 Aug 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 — 646 instruments
Structural lean: +0.670(519 expansionary, 86 contractionary)
Basis Stress
Flip stress
1.10x
elevated
Divergence
1.04x
elevated
Basis flip stress elevated (1.10x baseline). Instrument divergence elevated (1.04x baseline)
Range Compression
Futures
0.94x
below baseline · 4 contracts
Equities
1.00x
below baseline · 2074 contracts
Compressed ranges (0.94x baseline)
Recent Path
Structural Activity
Transitioned from Coordinated Contraction
Next MO Briefing: Monday 08:30 IST