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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | MRFTOP | 134350.00 | +1.06% | NR7 | 135250.00 | 134000.00 | 1250.00 | 0.93% | 3246.25 | 3213.33 |
61.1%
|
135250.00 | 134000.00 | 59.0 | ▲ Bull |
| 2 | M&MTOP | 3129.00 | +0.85% | NR7 | 3135.00 | 3105.20 | 29.80 | 0.95% | 74.00 | 74.03 |
59.7%
|
3135.00 | 3105.20 | 54.1 | ▲ Bull |
| 3 | ASHOKLEYTOP | 157.51 | +1.49% | NR7 | 157.90 | 155.70 | 2.20 | 1.40% | 5.20 | 4.59 |
52.1%
|
157.90 | 155.70 | 51.0 | ▼ Bear |
| 4 | APOLLOTYRETOP | 441.00 | +0.31% | NR7 | 446.25 | 438.10 | 8.15 | 1.85% | 12.61 | 14.93 |
45.4%
|
446.25 | 438.10 | 57.7 | ▲ Bull |
| 5 | TVSMOTORTOP | 3630.00 | +0.11% | NR7 | 3668.00 | 3608.60 | 59.40 | 1.64% | 103.70 | 99.02 |
40.0%
|
3668.00 | 3608.60 | 63.2 | ▲ Bull |
| 6 | MOTHERSONTOP | 143.36 | +1.93% | NR4 | 144.85 | 142.62 | 2.23 | 1.56% | 5.66 | 4.71 |
52.7%
|
144.85 | 142.62 | 45.2 | — Neut |
| 7 | EXIDEINDTOP | 423.20 | +0.44% | NR4 | 431.00 | 422.15 | 8.85 | 2.09% | 11.69 | 14.44 |
38.7%
|
431.00 | 422.15 | 75.5 | ▲ Bull |
| 8 | EICHERMOTTOP | 7365.00 | -0.72% | NR4 | 7455.00 | 7335.00 | 120.00 | 1.63% | 177.88 | 158.00 |
24.1%
|
7455.00 | 7335.00 | 40.5 | — Neut |
| 9 | BALKRISINDTOP | 2255.00 | +4.05% | NR4 | 2275.00 | 2220.00 | 55.00 | 2.44% | 74.55 | 70.25 |
21.7%
|
2275.00 | 2220.00 | 51.1 | ▲ Bull |
| 10 | TATACMPVTOP | 425.00 | +1.98% | — | 426.70 | 418.60 | 8.10 | 1.92% | 12.00 | 13.24 |
38.8%
|
426.70 | 418.60 | 60.0 | ▲ Bull |
| 11 | HEROMOTOCO | 4939.20 | +0.95% | — | 4968.00 | 4888.10 | 79.90 | 1.61% | 97.60 | 96.45 |
17.2%
|
4968.00 | 4888.10 | 47.8 | — Neut |
| 12 | BAJAJ-AUTO | 10155.00 | -0.09% | — | 10298.00 | 10115.00 | 183.00 | 1.80% | 215.38 | 216.25 |
15.4%
|
10298.00 | 10115.00 | 52.9 | ▲ Bull |
| 13 | BOSCHLTD | 41765.00 | +0.37% | — | 42485.00 | 41720.00 | 765.00 | 1.83% | 766.25 | 900.83 |
15.1%
|
42485.00 | 41720.00 | 66.9 | ▲ Bull |
| 14 | ESCORTS | 2940.00 | +0.69% | — | 2969.00 | 2911.00 | 58.00 | 1.97% | 69.42 | 64.28 |
9.8%
|
2969.00 | 2911.00 | 64.5 | — Neut |
| 15 | CUMMINSIND | 5614.00 | +2.10% | — | 5714.00 | 5567.00 | 147.00 | 2.61% | 131.75 | 149.58 |
1.7%
|
5714.00 | 5567.00 | 39.5 | ▲ Bull |
| 16 | MARUTI | 13870.00 | -0.58% | — | 14037.00 | 13700.00 | 337.00 | 2.45% | 306.50 | 320.00 |
-5.3%
|
14037.00 | 13700.00 | 57.1 | ▲ Bull |
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.