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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 81 | IOC | 147.31 | +0.00% | — | 145.60 | 142.90 | 2.70 | 1.88% | 2.36 | 2.32 |
-16.4%
|
145.60 | 142.90 | 13.5 | — Neut |
| 82 | POLYCAB | 7986.39 | +0.00% | — | 8088.00 | 7901.00 | 187.00 | 2.33% | 153.12 | 160.42 |
-16.6%
|
8088.00 | 7901.00 | 49.9 | — Neut |
| 83 | MGL | 1141.41 | +0.00% | — | 1154.90 | 1123.55 | 31.35 | 2.77% | 25.35 | 26.78 |
-17.1%
|
1154.90 | 1123.55 | 56.9 | — Neut |
| 84 | ABFRL | 64.76 | +0.00% | — | 63.79 | 61.41 | 2.38 | 3.85% | 1.90 | 2.02 |
-17.8%
|
63.79 | 61.41 | 53.0 | — Neut |
| 85 | UBL | 1502.60 | +0.00% | — | 1498.90 | 1465.00 | 33.90 | 2.30% | 29.25 | 28.73 |
-18.0%
|
1498.90 | 1465.00 | 55.9 | — Neut |
| 86 | LT | 4067.22 | +0.00% | — | 4088.10 | 3983.20 | 104.90 | 2.61% | 90.35 | 88.73 |
-18.2%
|
4088.10 | 3983.20 | 50.0 | — Neut |
| 87 | HDFCAMC | 2785.35 | +0.00% | — | 2764.00 | 2692.90 | 71.10 | 2.60% | 57.40 | 59.23 |
-20.0%
|
2764.00 | 2692.90 | 50.0 | — Neut |
| 88 | IPCALAB | 1482.25 | +0.00% | — | 1573.20 | 1516.00 | 57.20 | 3.68% | 43.80 | 47.47 |
-20.5%
|
1573.20 | 1516.00 | 100.0 | — Neut |
| 89 | JINDALSTEL | 1286.93 | +0.00% | — | 1273.10 | 1237.30 | 35.80 | 2.85% | 30.10 | 29.47 |
-21.5%
|
1273.10 | 1237.30 | 45.9 | — Neut |
| 90 | BHARTIARTL | 1855.70 | +0.00% | — | 1850.70 | 1807.30 | 43.40 | 2.39% | 36.27 | 35.48 |
-22.3%
|
1850.70 | 1807.30 | 75.3 | — Neut |
| 91 | AARTIIND | 447.55 | +0.00% | — | 476.35 | 458.55 | 17.80 | 3.77% | 13.45 | 14.50 |
-22.8%
|
476.35 | 458.55 | 62.0 | — Neut |
| 92 | CUMMINSIND | 5204.84 | +0.00% | — | 5250.00 | 5102.10 | 147.90 | 2.83% | 121.95 | 119.07 |
-24.2%
|
5250.00 | 5102.10 | 74.4 | — Neut |
| 93 | BEL | 451.51 | +0.00% | — | 451.20 | 438.75 | 12.45 | 2.80% | 9.32 | 9.95 |
-25.1%
|
451.20 | 438.75 | 100.0 | — Neut |
| 94 | SRF | 2542.63 | +0.00% | — | 2563.70 | 2472.20 | 91.50 | 3.67% | 67.70 | 73.10 |
-25.2%
|
2563.70 | 2472.20 | 100.0 | — Neut |
| 95 | TECHM | 1500.04 | +0.00% | — | 1426.70 | 1347.40 | 79.30 | 5.84% | 64.83 | 63.22 |
-25.4%
|
1426.70 | 1347.40 | 50.0 | — Neut |
| 96 | INDIGO | 4686.15 | +0.00% | — | 4598.80 | 4507.00 | 91.80 | 2.03% | 69.78 | 72.85 |
-26.0%
|
4598.80 | 4507.00 | 50.0 | — Neut |
| 97 | AXISBANK | 1368.85 | +0.00% | — | 1375.00 | 1350.00 | 25.00 | 1.83% | 20.35 | 19.83 |
-26.1%
|
1375.00 | 1350.00 | 50.0 | — Neut |
| 98 | TATACMPV | 435.05 | +0.00% | — | 435.45 | 421.10 | 14.35 | 3.38% | 11.19 | 11.29 |
-27.1%
|
435.45 | 421.10 | 82.0 | — Neut |
| 99 | ABBOTINDIA | 25534.07 | +0.00% | — | 25510.00 | 25150.00 | 360.00 | 1.43% | 261.25 | 282.50 |
-27.4%
|
25510.00 | 25150.00 | 37.5 | — Neut |
| 100 | BIOCON | 361.39 | +0.00% | — | 358.95 | 348.50 | 10.45 | 2.99% | 7.59 | 8.12 |
-28.7%
|
358.95 | 348.50 | 50.0 | — 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.