MO Briefing
14 Jan 2026 · NSE Derivatives Structure
Posture
Early Expansion
1 session
First session of expansionary alignment. Persistence not yet confirmed.
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 — 636 instruments
Structural lean: +0.039(319 expansionary, 294 contractionary)
Basis Stress
Flip stress
0.74x
below baseline
Divergence
0.86x
below baseline
Basis flip stress below baseline (0.74x). Instrument divergence below baseline (0.86x)
Range Compression
Futures
0.90x
below baseline · 213 contracts
Equities
0.85x
below baseline · 2390 contracts
Compressed ranges (0.90x baseline)
Recent Path
Structural Activity
Transitioned from Fragmented Contraction
Next MO Briefing: Monday 08:30 IST