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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 141 | BPCL | 317.42 | +0.00% | — | 310.75 | 300.15 | 10.60 | 3.44% | 6.66 | 6.22 |
-70.4%
|
310.75 | 300.15 | 41.0 | — Neut |
| 142 | OBEROIRLTY | 1725.41 | +0.00% | — | 1735.50 | 1681.70 | 53.80 | 3.19% | 29.50 | 31.50 |
-70.8%
|
1735.50 | 1681.70 | 44.4 | — Neut |
| 143 | METROPOLIS | 482.92 | +0.00% | — | 477.95 | 463.25 | 14.70 | 3.15% | 8.79 | 8.59 |
-71.1%
|
477.95 | 463.25 | 46.0 | — Neut |
| 144 | BOSCHLTD | 38174.55 | +0.00% | — | 37690.00 | 36295.00 | 1395.00 | 3.80% | 870.00 | 811.67 |
-71.9%
|
37690.00 | 36295.00 | 40.7 | — Neut |
| 145 | INDIAMART | 2177.01 | +0.00% | — | 2170.00 | 2099.60 | 70.40 | 3.34% | 38.70 | 39.67 |
-77.5%
|
2170.00 | 2099.60 | 39.9 | — Neut |
| 146 | CHOLAFIN | 1587.66 | +0.00% | — | 1575.00 | 1529.90 | 45.10 | 2.88% | 23.93 | 25.38 |
-77.7%
|
1575.00 | 1529.90 | 13.7 | — Neut |
| 147 | ASIANPAINT | 2543.90 | +0.00% | — | 2538.90 | 2470.70 | 68.20 | 2.74% | 40.83 | 37.78 |
-80.5%
|
2538.90 | 2470.70 | 35.0 | — Neut |
| 148 | M&MFIN | 306.72 | +0.00% | — | 299.30 | 290.00 | 9.30 | 3.16% | 4.89 | 5.08 |
-83.1%
|
299.30 | 290.00 | 50.0 | — Neut |
| 149 | IDEA | 9.55 | +0.00% | — | 9.63 | 9.37 | 0.26 | 2.73% | 0.13 | 0.14 |
-85.7%
|
9.63 | 9.37 | 30.0 | — Neut |
| 150 | BANDHANBNK | 175.73 | +0.00% | — | 175.08 | 168.80 | 6.28 | 3.60% | 3.20 | 3.33 |
-88.6%
|
175.08 | 168.80 | 61.0 | — Neut |
| 151 | NMDC | 88.83 | +0.00% | — | 89.99 | 86.70 | 3.29 | 3.68% | 1.62 | 1.72 |
-91.3%
|
89.99 | 86.70 | 54.3 | — Neut |
| 152 | GUJGASLTD | 385.96 | +0.00% | — | 391.50 | 374.85 | 16.65 | 4.34% | 8.40 | 8.65 |
-92.5%
|
391.50 | 374.85 | 50.0 | — Neut |
| 153 | ICICIBANK | 1386.85 | +0.00% | — | 1348.80 | 1324.00 | 24.80 | 1.87% | 14.07 | 12.88 |
-92.5%
|
1348.80 | 1324.00 | 50.0 | — Neut |
| 154 | MANAPPURAM | 282.66 | +0.00% | — | 294.20 | 285.15 | 9.05 | 3.13% | 4.43 | 4.58 |
-97.6%
|
294.20 | 285.15 | 63.9 | — Neut |
| 155 | BALRAMCHIN | 510.49 | +0.00% | — | 549.00 | 507.00 | 42.00 | 8.14% | 20.61 | 21.12 |
-98.9%
|
549.00 | 507.00 | 100.0 | — Neut |
| 156 | ABCAPITAL | 345.40 | +0.00% | — | 351.55 | 338.65 | 12.90 | 3.79% | 6.00 | 6.47 |
-99.4%
|
351.55 | 338.65 | 54.4 | — Neut |
| 157 | BERGEPAINT | 480.74 | +0.00% | — | 474.60 | 458.20 | 16.40 | 3.56% | 7.61 | 8.21 |
-99.8%
|
474.60 | 458.20 | 12.2 | — Neut |
| 158 | GODREJCP | 1117.57 | +0.00% | — | 1148.00 | 1083.95 | 64.05 | 5.88% | 35.10 | 31.88 |
-100.9%
|
1148.00 | 1083.95 | 45.1 | — Neut |
| 159 | NAVINFLUOR | 6449.76 | +0.00% | — | 6515.00 | 6262.00 | 253.00 | 3.92% | 115.00 | 123.00 |
-105.7%
|
6515.00 | 6262.00 | 20.9 | — Neut |
| 160 | TCS | 2602.56 | +0.00% | — | 2505.00 | 2388.80 | 116.20 | 4.85% | 61.45 | 55.37 |
-109.9%
|
2505.00 | 2388.80 | 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.