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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 41 | TRENT | 4391.40 | +0.00% | — | 4344.00 | 4200.00 | 144.00 | 3.35% | 205.40 | 221.73 |
35.1%
|
4344.00 | 4200.00 | 39.1 | — Neut |
| 42 | MCX | 2829.70 | +0.00% | — | 2813.30 | 2756.00 | 57.30 | 2.08% | 72.70 | 77.30 |
25.9%
|
2813.30 | 2756.00 | 47.6 | — Neut |
| 43 | PAGEIND | 37993.50 | +0.00% | — | 38250.00 | 37565.00 | 685.00 | 1.82% | 826.25 | 889.17 |
23.0%
|
38250.00 | 37565.00 | 48.5 | — Neut |
| 44 | LAURUSLABS | 1116.86 | +0.00% | — | 1137.20 | 1110.20 | 27.00 | 2.42% | 31.51 | 33.98 |
20.5%
|
1137.20 | 1110.20 | 40.0 | — Neut |
| 45 | BHEL | 332.17 | +0.00% | — | 340.49 | 333.02 | 7.47 | 2.21% | 8.55 | 9.23 |
19.1%
|
340.49 | 333.02 | 55.9 | — Neut |
| 46 | LALPATHLAB | 1429.54 | +0.00% | — | 1435.50 | 1399.90 | 35.60 | 2.53% | 42.08 | 43.38 |
17.9%
|
1435.50 | 1399.90 | 50.0 | — Neut |
| 47 | HAVELLS | 1330.90 | +0.00% | — | 1267.40 | 1233.00 | 34.40 | 2.78% | 39.62 | 41.32 |
16.7%
|
1267.40 | 1233.00 | 40.0 | — Neut |
| 48 | APOLLOHOSP | 7728.15 | +0.00% | — | 7845.00 | 7684.50 | 160.50 | 2.08% | 177.25 | 189.50 |
15.3%
|
7845.00 | 7684.50 | 50.0 | — Neut |
| 49 | DIXON | 11265.05 | +0.00% | — | 11086.00 | 10765.50 | 320.50 | 2.96% | 349.00 | 375.67 |
14.7%
|
11086.00 | 10765.50 | 10.8 | — Neut |
| 50 | CROMPTON | 259.22 | +0.00% | — | 257.00 | 248.31 | 8.69 | 3.47% | 9.00 | 9.60 |
9.5%
|
257.00 | 248.31 | 50.0 | — Neut |
| 51 | VOLTAS | 1458.48 | +0.00% | — | 1470.00 | 1431.90 | 38.10 | 2.60% | 38.07 | 41.02 |
7.1%
|
1470.00 | 1431.90 | 45.9 | — Neut |
| 52 | CANBK | 140.91 | +0.00% | — | 141.86 | 138.15 | 3.71 | 2.63% | 3.71 | 3.93 |
5.6%
|
141.86 | 138.15 | 100.0 | — Neut |
| 53 | PVRINOX | 971.79 | +0.00% | — | 1012.10 | 992.90 | 19.20 | 1.91% | 19.69 | 19.99 |
4.0%
|
1012.10 | 992.90 | 53.4 | — Neut |
| 54 | DLF | 606.26 | +0.00% | — | 595.50 | 583.05 | 12.45 | 2.12% | 12.19 | 12.88 |
3.3%
|
595.50 | 583.05 | 78.0 | — Neut |
| 55 | ZEEL | 86.73 | +0.00% | — | 92.14 | 86.64 | 5.50 | 6.24% | 5.27 | 5.63 |
2.3%
|
92.14 | 86.64 | 37.2 | — Neut |
| 56 | PETRONET | 276.14 | +0.00% | — | 276.90 | 271.10 | 5.80 | 2.12% | 5.45 | 5.80 |
0.0%
|
276.90 | 271.10 | 50.0 | — Neut |
| 57 | LICHSGFIN | 564.34 | +0.00% | — | 549.90 | 533.30 | 16.60 | 3.07% | 15.35 | 16.57 |
-0.2%
|
549.90 | 533.30 | 51.0 | — Neut |
| 58 | BRITANNIA | 5714.36 | +0.00% | — | 5753.50 | 5665.50 | 88.00 | 1.54% | 87.62 | 87.58 |
-0.5%
|
5753.50 | 5665.50 | 76.1 | — Neut |
| 59 | DEEPAKNTR | 1549.36 | +0.00% | — | 1738.90 | 1675.60 | 63.30 | 3.74% | 58.45 | 62.97 |
-0.5%
|
1738.90 | 1675.60 | 70.0 | — Neut |
| 60 | SHREECEM | 25406.43 | +0.00% | — | 25550.00 | 24815.00 | 735.00 | 2.95% | 727.50 | 726.67 |
-1.1%
|
25550.00 | 24815.00 | 65.1 | — 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.