Find stocks in Narrow Range contraction — the tightest candles in 4 or 7 days. NR days often precede explosive breakout moves.
Find stocks in Narrow Range contraction — the tightest candles in 4 or 7 days. Narrow range days often precede explosive breakout moves.
| # | Symbol | LTP | Chg% | Pattern | Today High | Today Low | Range | Range% | 4-Bar Avg | 7-Bar Avg | Contraction | ▲ Breakout | ▼ Breakdown | RSI | Bias |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | COLPALTOP | 2110.71 | +0.00% | NR7 | 2177.80 | 2139.00 | 38.80 | 1.79% | 82.75 | 87.63 |
55.7%
|
2177.80 | 2139.00 | 50.0 | — Neut |
| 2 | DRREDDYTOP | 1220.35 | +0.00% | NR7 | 1348.80 | 1293.00 | 55.80 | 4.24% | 118.58 | 125.55 |
55.6%
|
1348.80 | 1293.00 | 24.0 | — Neut |
| 3 | ASHOKLEYTOP | 176.61 | +0.00% | NR7 | 172.20 | 168.37 | 3.83 | 2.25% | 7.36 | 7.75 |
50.6%
|
172.20 | 168.37 | 50.0 | — Neut |
| 4 | DIVISLABTOP | 6281.45 | +0.00% | NR7 | 6442.50 | 6320.00 | 122.50 | 1.93% | 194.88 | 202.92 |
39.6%
|
6442.50 | 6320.00 | 76.9 | — Neut |
| 5 | EXIDEINDTOP | 333.17 | +0.00% | NR7 | 347.95 | 339.40 | 8.55 | 2.49% | 13.24 | 13.76 |
37.9%
|
347.95 | 339.40 | 50.0 | — Neut |
| 6 | GLENMARKTOP | 2231.27 | +0.00% | NR7 | 2372.80 | 2283.20 | 89.60 | 3.90% | 132.88 | 137.68 |
34.9%
|
2372.80 | 2283.20 | 48.2 | — Neut |
| 7 | CIPLATOP | 1229.69 | +0.00% | NR7 | 1303.90 | 1254.10 | 49.80 | 3.85% | 73.05 | 75.63 |
34.2%
|
1303.90 | 1254.10 | 64.7 | — Neut |
| 8 | KOTAKBANKTOP | 381.56 | +0.00% | NR7 | 372.80 | 367.65 | 5.15 | 1.39% | 7.51 | 7.78 |
33.8%
|
372.80 | 367.65 | 50.0 | — Neut |
| 9 | M&MTOP | 3247.65 | +0.00% | NR7 | 3089.00 | 3035.00 | 54.00 | 1.78% | 75.38 | 77.75 |
30.5%
|
3089.00 | 3035.00 | 42.9 | — Neut |
| 10 | PNBTOP | 113.98 | +0.00% | NR7 | 113.45 | 111.60 | 1.85 | 1.64% | 2.58 | 2.66 |
30.5%
|
113.45 | 111.60 | 56.5 | — Neut |
| 11 | NESTLEIND | 1346.39 | +0.00% | NR7 | 1430.90 | 1409.10 | 21.80 | 1.53% | 30.12 | 31.05 |
29.8%
|
1430.90 | 1409.10 | 61.2 | — Neut |
| 12 | MOTHERSON | 124.75 | +0.00% | NR7 | 129.10 | 125.33 | 3.77 | 3.00% | 5.18 | 5.34 |
29.4%
|
129.10 | 125.33 | 42.9 | — Neut |
| 13 | AUROPHARMA | 1389.42 | +0.00% | NR7 | 1446.00 | 1411.70 | 34.30 | 2.43% | 46.38 | 47.72 |
28.1%
|
1446.00 | 1411.70 | 55.6 | — Neut |
| 14 | ZYDUSLIFE | 929.95 | +0.00% | NR7 | 951.75 | 922.55 | 29.20 | 3.15% | 38.20 | 39.20 |
25.5%
|
951.75 | 922.55 | 100.0 | — Neut |
| 15 | SAIL | 175.13 | +0.00% | NR7 | 179.07 | 176.00 | 3.07 | 1.72% | 3.98 | 4.09 |
24.9%
|
179.07 | 176.00 | 100.0 | — Neut |
| 16 | HEROMOTOCO | 5265.61 | +0.00% | NR7 | 5060.50 | 4941.50 | 119.00 | 2.40% | 153.50 | 157.33 |
24.4%
|
5060.50 | 4941.50 | 46.1 | — Neut |
| 17 | BAJFINANCE | 937.94 | +0.00% | NR7 | 924.70 | 909.80 | 14.90 | 1.62% | 19.10 | 19.57 |
23.9%
|
924.70 | 909.80 | 1.4 | — Neut |
| 18 | HDFCBANK | 808.81 | +0.00% | NR7 | 787.60 | 777.00 | 10.60 | 1.35% | 13.26 | 13.56 |
21.8%
|
787.60 | 777.00 | 50.0 | — Neut |
| 19 | GAIL | 160.31 | +0.00% | NR7 | 166.30 | 163.35 | 2.95 | 1.78% | 3.64 | 3.72 |
20.7%
|
166.30 | 163.35 | 50.0 | — Neut |
| 20 | SBIN | 1110.00 | +0.00% | NR7 | 1106.00 | 1090.05 | 15.95 | 1.45% | 18.76 | 19.07 |
16.4%
|
1106.00 | 1090.05 | 59.1 | — Neut |
NR4 and NR7 are Narrow Range candlestick patterns that signal a period of low volatility — a compression that often precedes a large directional move.
Look for NR7 stocks that also have a trending bias (Bullish or Bearish). If bias is Bullish and RSI is between 40–60, a breakout above the high is a high-probability setup. Combine with volume confirmation — a breakout candle with above-average volume is ideal.
Narrow Range Strategy is a breakout-based trading strategy based on the principle that volatility contraction usually precedes volatility expansion. When a stock's daily range narrows to its smallest in 4 or 7 days, it signals a potential explosive move in either direction.
NR4 (Narrow Range of 4 Days) identifies stocks where today's high-to-low range is smaller than the previous three days' ranges. This compression signals a potential breakout. Enter long if price breaks above today's high, enter short if price breaks below today's low.
NR7 (Narrow Range of 7 Days) is a stronger version of NR4 — today's range must be the smallest of the last seven days. NR7 breakouts carry higher probability because the volatility compression is more pronounced. A bullish breakout occurs when price moves above the NR7 candle's high; a bearish breakout when price falls below the NR7 candle's low.