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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 121 | HINDCOPPER | 556.35 | +0.00% | — | 554.95 | 537.45 | 17.50 | 3.23% | 11.48 | 11.92 |
-46.8%
|
554.95 | 537.45 | 50.0 | — Neut |
| 122 | GODREJPROP | 1800.01 | +0.00% | — | 1832.00 | 1759.80 | 72.20 | 4.08% | 46.18 | 48.35 |
-49.3%
|
1832.00 | 1759.80 | 50.0 | — Neut |
| 123 | DABUR | 459.36 | +0.00% | — | 462.50 | 448.10 | 14.40 | 3.19% | 10.05 | 9.57 |
-50.5%
|
462.50 | 448.10 | 50.0 | — Neut |
| 124 | PFC | 471.02 | +0.00% | — | 471.15 | 462.30 | 8.85 | 1.89% | 5.69 | 5.86 |
-51.0%
|
471.15 | 462.30 | 100.0 | — Neut |
| 125 | GMRAIRPORT | 97.37 | +0.00% | — | 96.56 | 93.99 | 2.57 | 2.72% | 1.66 | 1.70 |
-51.2%
|
96.56 | 93.99 | 50.0 | — Neut |
| 126 | UNITDSPR | 1351.79 | +0.00% | — | 1398.50 | 1370.10 | 28.40 | 2.04% | 18.20 | 18.60 |
-52.7%
|
1398.50 | 1370.10 | 35.3 | — Neut |
| 127 | MPHASIS | 2417.26 | +0.00% | — | 2284.20 | 2130.00 | 154.20 | 7.09% | 105.67 | 100.28 |
-53.8%
|
2284.20 | 2130.00 | 53.7 | — Neut |
| 128 | TATACHEM | 707.93 | +0.00% | — | 713.25 | 690.30 | 22.95 | 3.31% | 13.87 | 14.80 |
-55.1%
|
713.25 | 690.30 | 100.0 | — Neut |
| 129 | BALKRISIND | 2301.71 | +0.00% | — | 2284.00 | 2187.00 | 97.00 | 4.36% | 65.42 | 61.92 |
-56.7%
|
2284.00 | 2187.00 | 50.0 | — Neut |
| 130 | ITC | 308.18 | +0.00% | — | 306.65 | 301.10 | 5.55 | 1.84% | 3.71 | 3.51 |
-58.1%
|
306.65 | 301.10 | 18.3 | — Neut |
| 131 | SIEMENS | 3721.25 | +0.00% | — | 3893.60 | 3767.90 | 125.70 | 3.30% | 73.80 | 79.03 |
-59.1%
|
3893.60 | 3767.90 | 98.4 | — Neut |
| 132 | INFY | 1314.12 | +0.00% | — | 1223.90 | 1152.20 | 71.70 | 6.21% | 47.70 | 45.03 |
-59.2%
|
1223.90 | 1152.20 | 50.0 | — Neut |
| 133 | LTM | 4749.81 | +0.00% | — | 4480.50 | 4240.00 | 240.50 | 5.62% | 159.43 | 150.42 |
-59.9%
|
4480.50 | 4240.00 | 41.8 | — Neut |
| 134 | INDUSINDBK | 856.80 | +0.00% | — | 868.00 | 839.00 | 29.00 | 3.42% | 18.91 | 17.79 |
-63.0%
|
868.00 | 839.00 | 55.6 | — Neut |
| 135 | WIPRO | 204.96 | +0.00% | — | 202.75 | 197.88 | 4.87 | 2.44% | 3.17 | 2.98 |
-63.4%
|
202.75 | 197.88 | 57.1 | — Neut |
| 136 | CANFINHOME | 874.75 | +0.00% | — | 913.50 | 876.30 | 37.20 | 4.09% | 20.49 | 22.46 |
-65.6%
|
913.50 | 876.30 | 76.0 | — Neut |
| 137 | INDUSTOWER | 413.81 | +0.00% | — | 406.60 | 395.65 | 10.95 | 2.72% | 6.12 | 6.53 |
-67.7%
|
406.60 | 395.65 | 100.0 | — Neut |
| 138 | LTTS | 3617.94 | +0.00% | — | 3495.00 | 3362.00 | 133.00 | 3.94% | 75.53 | 79.02 |
-68.3%
|
3495.00 | 3362.00 | 67.8 | — Neut |
| 139 | ACC | 1436.13 | +0.00% | — | 1429.00 | 1398.80 | 30.20 | 2.14% | 17.00 | 17.90 |
-68.7%
|
1429.00 | 1398.80 | 18.4 | — Neut |
| 140 | APOLLOTYRE | 442.05 | +0.00% | — | 434.20 | 421.90 | 12.30 | 2.90% | 7.76 | 7.26 |
-69.4%
|
434.20 | 421.90 | 61.4 | — 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.