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 | TVSMOTORTOP | 3442.90 | -0.43% | NR7 | 3475.00 | 3447.00 | 28.00 | 0.81% | 94.60 | 81.97 |
65.8%
|
3475.00 | 3447.00 | 59.0 | — Neut |
| 2 | M&MTOP | 3074.80 | -1.97% | NR7 | 3151.00 | 3115.00 | 36.00 | 1.15% | 71.60 | 75.83 |
52.5%
|
3151.00 | 3115.00 | 61.3 | ▼ Bear |
| 3 | CUMMINSINDTOP | 5865.00 | +0.12% | NR7 | 5887.00 | 5816.00 | 71.00 | 1.21% | 122.25 | 132.75 |
46.5%
|
5887.00 | 5816.00 | 62.0 | ▲ Bull |
| 4 | ESCORTSTOP | 2821.20 | +0.41% | NR7 | 2852.20 | 2802.30 | 49.90 | 1.78% | 63.05 | 68.12 |
26.7%
|
2852.20 | 2802.30 | 59.7 | ▼ Bear |
| 5 | APOLLOTYRETOP | 425.50 | -0.58% | NR4 | 431.85 | 423.00 | 8.85 | 2.07% | 13.53 | 11.36 |
22.1%
|
431.85 | 423.00 | 71.0 | — Neut |
| 6 | ASHOKLEYTOP | 156.66 | -1.13% | — | 159.50 | 157.30 | 2.20 | 1.39% | 5.03 | 4.55 |
51.6%
|
159.50 | 157.30 | 58.1 | — Neut |
| 7 | BAJAJ-AUTOTOP | 10066.00 | -0.11% | — | 10100.00 | 10001.00 | 99.00 | 0.98% | 202.25 | 192.00 |
48.4%
|
10100.00 | 10001.00 | 30.4 | — Neut |
| 8 | BALKRISINDTOP | 2243.70 | +0.43% | — | 2268.70 | 2218.10 | 50.60 | 2.26% | 76.25 | 81.63 |
38.0%
|
2268.70 | 2218.10 | 55.6 | — Neut |
| 9 | TATACMPVTOP | 402.00 | -1.24% | — | 409.50 | 399.00 | 10.50 | 2.58% | 19.96 | 15.73 |
33.2%
|
409.50 | 399.00 | 65.8 | — Neut |
| 10 | HEROMOTOCOTOP | 4974.90 | -0.93% | — | 5048.00 | 4980.00 | 68.00 | 1.35% | 75.25 | 84.75 |
19.8%
|
5048.00 | 4980.00 | 62.9 | — Neut |
| 11 | MOTHERSON | 145.54 | +0.59% | — | 145.46 | 142.61 | 2.85 | 1.97% | 3.75 | 3.49 |
18.3%
|
145.46 | 142.61 | 56.2 | ▲ Bull |
| 12 | EICHERMOT | 7611.00 | +0.13% | — | 7668.00 | 7520.00 | 148.00 | 1.95% | 189.62 | 170.00 |
12.9%
|
7668.00 | 7520.00 | 75.4 | ▲ Bull |
| 13 | MRF | 128645.00 | -1.11% | — | 131000.00 | 128905.00 | 2095.00 | 1.61% | 2616.25 | 2179.17 |
3.9%
|
131000.00 | 128905.00 | 68.1 | — Neut |
| 14 | MARUTI | 13395.00 | -0.66% | — | 13714.00 | 13433.00 | 281.00 | 2.08% | 280.50 | 254.33 |
-10.5%
|
13714.00 | 13433.00 | 63.5 | ▲ Bull |
| 15 | EXIDEIND | 380.75 | -1.07% | — | 392.35 | 383.20 | 9.15 | 2.38% | 6.84 | 7.24 |
-26.4%
|
392.35 | 383.20 | 42.9 | — Neut |
| 16 | BOSCHLTD | 40195.00 | +0.40% | — | 40500.00 | 39245.00 | 1255.00 | 3.13% | 873.75 | 854.17 |
-46.9%
|
40500.00 | 39245.00 | 75.5 | ▲ 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.