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 | ASHOKLEYTOP | 176.61 | +0.00% | NR7 | 172.20 | 168.37 | 3.83 | 2.25% | 7.36 | 7.75 |
50.6%
|
172.20 | 168.37 | 50.0 | — Neut |
| 2 | EXIDEINDTOP | 333.17 | +0.00% | NR7 | 347.95 | 339.40 | 8.55 | 2.49% | 13.24 | 13.76 |
37.9%
|
347.95 | 339.40 | 50.0 | — Neut |
| 3 | M&MTOP | 3247.65 | +0.00% | NR7 | 3089.00 | 3035.00 | 54.00 | 1.78% | 75.38 | 77.75 |
30.5%
|
3089.00 | 3035.00 | 42.9 | — Neut |
| 4 | MOTHERSONTOP | 124.75 | +0.00% | NR7 | 129.10 | 125.33 | 3.77 | 3.00% | 5.18 | 5.34 |
29.4%
|
129.10 | 125.33 | 42.9 | — Neut |
| 5 | HEROMOTOCOTOP | 5265.61 | +0.00% | NR7 | 5060.50 | 4941.50 | 119.00 | 2.40% | 153.50 | 157.33 |
24.4%
|
5060.50 | 4941.50 | 46.1 | — Neut |
| 6 | EICHERMOTTOP | 7232.58 | +0.00% | NR7 | 7160.00 | 7049.00 | 111.00 | 1.56% | 127.88 | 129.75 |
14.5%
|
7160.00 | 7049.00 | 50.0 | — Neut |
| 7 | TVSMOTORTOP | 3752.16 | +0.00% | — | 3543.30 | 3462.70 | 80.60 | 2.31% | 115.73 | 128.42 |
37.2%
|
3543.30 | 3462.70 | 21.0 | — Neut |
| 8 | MARUTITOP | 13447.35 | +0.00% | — | 13253.00 | 12978.00 | 275.00 | 2.11% | 243.50 | 240.00 |
-14.6%
|
13253.00 | 12978.00 | 26.8 | — Neut |
| 9 | BAJAJ-AUTOTOP | 9796.62 | +0.00% | — | 9663.00 | 9528.00 | 135.00 | 1.41% | 119.25 | 117.50 |
-14.9%
|
9663.00 | 9528.00 | 50.0 | — Neut |
| 10 | CUMMINSINDTOP | 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 |
| 11 | 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 |
| 12 | ESCORTS | 3361.09 | +0.00% | — | 3349.00 | 3214.00 | 135.00 | 4.18% | 107.78 | 104.75 |
-28.9%
|
3349.00 | 3214.00 | 43.7 | — Neut |
| 13 | MRF | 139627.30 | +0.00% | — | 135770.00 | 131740.00 | 4030.00 | 3.05% | 3021.25 | 2909.17 |
-38.5%
|
135770.00 | 131740.00 | 55.6 | — Neut |
| 14 | 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 |
| 15 | 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 |
| 16 | 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 |
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.