MO Briefing
13 Oct 2025 · NSE Derivatives Structure
Posture
Fragmented Contraction
1 session
Contractionary lean but instruments disagreeing. Surface alignment masks internal divergence.
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 — 641 instruments
Structural lean: -0.339(200 expansionary, 417 contractionary)
Basis Stress
Flip stress
0.73x
below baseline
Divergence
1.80x
elevated
Basis flip stress below baseline (0.73x). Instrument divergence elevated (1.80x baseline)
Range Compression
Futures
0.98x
below baseline · 6 contracts
Equities
0.82x
below baseline · 2292 contracts
Compressed ranges (0.98x baseline)
Recent Path
Structural Activity
Transitioned from Coordinated Expansion
Next MO Briefing: Monday 08:30 IST