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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | EICHERMOT | 7232.58 | +0.00% | NR7 | 7160.00 | 7049.00 | 111.00 | 1.56% | 127.88 | 129.75 |
14.5%
|
7160.00 | 7049.00 | 50.0 | — Neut |
| 22 | UPL | 655.27 | +0.00% | NR7 | 645.15 | 629.95 | 15.20 | 2.41% | 17.38 | 17.62 |
13.7%
|
645.15 | 629.95 | 50.0 | — Neut |
| 23 | ADANIENT | 2227.72 | +0.00% | NR7 | 2321.40 | 2227.00 | 94.40 | 4.13% | 107.67 | 109.15 |
13.5%
|
2321.40 | 2227.00 | 65.2 | — Neut |
| 24 | BHARATFORG | 1900.01 | +0.00% | NR7 | 1892.10 | 1836.00 | 56.10 | 3.02% | 63.52 | 64.35 |
12.8%
|
1892.10 | 1836.00 | 77.0 | — Neut |
| 25 | ONGC | 283.31 | +0.00% | NR7 | 288.80 | 283.90 | 4.90 | 1.72% | 5.54 | 5.61 |
12.7%
|
288.80 | 283.90 | 45.7 | — Neut |
| 26 | GRASIM | 2774.25 | +0.00% | NR7 | 2768.90 | 2732.10 | 36.80 | 1.34% | 40.25 | 40.63 |
9.4%
|
2768.90 | 2732.10 | 41.8 | — Neut |
| 27 | POWERGRID | 319.21 | +0.00% | NR7 | 317.90 | 314.50 | 3.40 | 1.07% | 3.70 | 3.73 |
8.8%
|
317.90 | 314.50 | 50.0 | — Neut |
| 28 | SBILIFE | 1920.90 | +0.00% | NR7 | 1836.30 | 1762.10 | 74.20 | 4.19% | 77.80 | 78.20 |
5.1%
|
1836.30 | 1762.10 | 50.0 | — Neut |
| 29 | BAJAJFINSV | 1850.29 | +0.00% | NR7 | 1799.90 | 1757.30 | 42.60 | 2.41% | 43.65 | 43.77 |
2.7%
|
1799.90 | 1757.30 | 50.0 | — Neut |
| 30 | LTF | 291.61 | +0.00% | NR7 | 295.01 | 287.22 | 7.79 | 2.69% | 7.99 | 8.01 |
2.7%
|
295.01 | 287.22 | 50.0 | — Neut |
| 31 | BANKBARODA | 276.17 | +0.00% | NR7 | 276.80 | 269.55 | 7.25 | 2.64% | 7.39 | 7.41 |
2.2%
|
276.80 | 269.55 | 50.0 | — Neut |
| 32 | HINDPETRO | 380.14 | +0.00% | NR7 | 376.40 | 368.70 | 7.70 | 2.06% | 7.78 | 7.78 |
1.0%
|
376.40 | 368.70 | 89.4 | — Neut |
| 33 | OFSS | 7965.33 | +0.00% | — | 9013.50 | 8752.50 | 261.00 | 2.92% | 503.38 | 548.58 |
52.4%
|
9013.50 | 8752.50 | 62.8 | — Neut |
| 34 | RAMCOCEM | 1001.49 | +0.00% | — | 969.00 | 951.05 | 17.95 | 1.86% | 33.84 | 36.54 |
50.9%
|
969.00 | 951.05 | 33.7 | — Neut |
| 35 | GRANULES | 667.07 | +0.00% | — | 694.45 | 682.00 | 12.45 | 1.81% | 21.94 | 23.33 |
46.6%
|
694.45 | 682.00 | 28.8 | — Neut |
| 36 | CONCOR | 505.02 | +0.00% | — | 506.90 | 499.05 | 7.85 | 1.56% | 12.19 | 12.99 |
39.6%
|
506.90 | 499.05 | 11.7 | — Neut |
| 37 | TORNTPHARM | 4179.73 | +0.00% | — | 4158.00 | 4097.40 | 60.60 | 1.47% | 95.38 | 99.88 |
39.3%
|
4158.00 | 4097.40 | 47.1 | — Neut |
| 38 | INDHOTEL | 665.53 | +0.00% | — | 641.55 | 630.40 | 11.15 | 1.75% | 16.86 | 18.24 |
38.9%
|
641.55 | 630.40 | 11.1 | — Neut |
| 39 | IGL | 167.11 | +0.00% | — | 167.05 | 162.60 | 4.45 | 2.70% | 6.55 | 7.13 |
37.6%
|
167.05 | 162.60 | 60.1 | — Neut |
| 40 | TVSMOTOR | 3752.16 | +0.00% | — | 3543.30 | 3462.70 | 80.60 | 2.31% | 115.73 | 128.42 |
37.2%
|
3543.30 | 3462.70 | 21.0 | — 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.