Learn · Futures analysis 6 min read Reviewed

Futures Heatmap: Read Price, OI and Sector Participation

Understand futures heatmap colour, size modes and sector groupings before comparing contract activity.

What this tool helps you investigate

Use the futures heatmap to locate clusters of activity across the selected contract universe. Sector grouping makes it easier to see whether strength is widespread or isolated.

Colour and tile area encode different inputs. The screenshot shows a size-mode switch, so a large tile cannot be interpreted until the active sizing mode and colour metric are known.

Read the workspace

Futures heatmap workspace showing advancing and declining counts, tile sizing mode, contract tile, sector grouping
Historical JustTicks interface example. Read the dates and settings shown in the image; these are not current market readings.
  1. Advancing and declining counts. Breadth describes the selected futures universe at the observed snapshot.
  2. Tile sizing mode. Balanced and True OI use different size treatments. Check the active mode before comparing areas.
  3. Contract tile. Read the contract label and percentage value, not just its colour.
  4. Sector grouping. Sector headers help identify agreement among related contracts.
Futures heatmap workspace showing advancing and declining counts, tile sizing mode, contract tile, sector grouping

How to use Futures heatmap

  1. Choose the asset universe, contract expiry and comparison period.
  2. Confirm the colour metric and the tile-sizing mode.
  3. Compare breadth with sector-level clusters.
  4. Open an outlier contract in futures analysis or a price-and-OI timeline.

Understand the measurements

Futures heatmap measurements
MeasurementHow to read it
ColourDirection and magnitude of the selected change metric.
Balanced sizingA size presentation intended to preserve visibility of smaller entries.
True OI sizingTile area follows outstanding OI more directly.
Sector breadthThe distribution of positive and negative contract changes inside a group.

A worked example

If most banking tiles are green while one large bank is red, the sector picture contains both broad positive participation and a notable exception. Switching size mode can make the exception more prominent without changing its underlying return.

Worked example

This example explains the calculation or reading process. It is not a current market observation or a trade recommendation.

Checks before drawing a conclusion

  • Read the selected metric, expiry and size mode before interpreting area or colour.
  • Contract quantities and lot sizes can differ across stocks and commodities.
  • A broad green map is an observed snapshot, not a prediction of continuation.
FAQ

Futures heatmap: frequently asked questions

01When should I use Futures heatmap?

Use the futures heatmap to locate clusters of activity across the selected contract universe. Sector grouping makes it easier to see whether strength is widespread or isolated.

02What should I check before comparing results?

Read the selected metric, expiry and size mode before interpreting area or colour.

Next steps

Open the live tool on NSE data, then continue with the related walkthroughs.

Install JustTicks

Open your browser’s menu and look for Install JustTicks, Install app, or Add to Home Screen. If none is available, try Chrome or Edge. You can keep using JustTicks in this browser.

Launch JustTicks from your home screen or desktop. Live market tools need an internet connection.