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 | 148.91 | +0.49% | NR7 | 150.00 | 148.01 | 1.99 | 1.34% | 4.13 | 4.24 |
53.1%
|
150.00 | 148.01 | 37.3 | ▼ Bear |
| 2 | EICHERMOTTOP | 7284.50 | +0.82% | NR7 | 7286.00 | 7185.50 | 100.50 | 1.38% | 158.50 | 182.25 |
44.9%
|
7286.00 | 7185.50 | 54.7 | — Neut |
| 3 | CUMMINSINDTOP | 4608.00 | -0.67% | NR7 | 4662.00 | 4591.20 | 70.80 | 1.54% | 89.97 | 117.47 |
39.7%
|
4662.00 | 4591.20 | 35.0 | ▼ Bear |
| 4 | MOTHERSONTOP | 160.00 | -0.41% | NR7 | 162.77 | 159.80 | 2.97 | 1.86% | 4.64 | 4.66 |
36.3%
|
162.77 | 159.80 | 44.2 | ▲ Bull |
| 5 | APOLLOTYRETOP | 408.85 | -1.22% | — | 413.20 | 407.50 | 5.70 | 1.39% | 14.06 | 11.98 |
52.4%
|
413.20 | 407.50 | 70.7 | — Neut |
| 6 | TATACMPVTOP | 416.80 | -1.01% | — | 423.10 | 415.05 | 8.05 | 1.91% | 13.84 | 14.57 |
44.7%
|
423.10 | 415.05 | 42.2 | ▼ Bear |
| 7 | HEROMOTOCOTOP | 5225.00 | +0.29% | — | 5232.00 | 5136.50 | 95.50 | 1.83% | 117.38 | 124.75 |
23.4%
|
5232.00 | 5136.50 | 41.8 | — Neut |
| 8 | BAJAJ-AUTOTOP | 10405.00 | +0.19% | — | 10474.00 | 10259.00 | 215.00 | 2.07% | 268.25 | 275.50 |
22.0%
|
10474.00 | 10259.00 | 35.5 | ▼ Bear |
| 9 | EXIDEINDTOP | 370.95 | -1.00% | — | 376.40 | 368.50 | 7.90 | 2.13% | 10.11 | 10.13 |
22.0%
|
376.40 | 368.50 | 10.6 | ▼ Bear |
| 10 | TVSMOTORTOP | 4095.10 | +1.87% | — | 4110.00 | 4012.20 | 97.80 | 2.39% | 117.45 | 124.23 |
21.3%
|
4110.00 | 4012.20 | 48.4 | — Neut |
| 11 | BALKRISIND | 2052.80 | +0.02% | — | 2074.10 | 2030.10 | 44.00 | 2.14% | 52.68 | 50.37 |
12.6%
|
2074.10 | 2030.10 | 36.3 | ▼ Bear |
| 12 | MARUTI | 11520.00 | +0.27% | — | 11569.00 | 11340.00 | 229.00 | 1.99% | 264.00 | 250.33 |
8.5%
|
11569.00 | 11340.00 | 37.9 | ▼ Bear |
| 13 | ESCORTS | 2751.00 | +0.89% | — | 2761.20 | 2692.00 | 69.20 | 2.52% | 68.20 | 66.30 |
-4.4%
|
2761.20 | 2692.00 | 46.7 | ▼ Bear |
| 14 | BOSCHLTD | 45560.00 | +1.17% | — | 45885.00 | 44880.00 | 1005.00 | 2.21% | 832.50 | 948.33 |
-6.0%
|
45885.00 | 44880.00 | 40.4 | — Neut |
| 15 | M&M | 2920.90 | +2.07% | — | 2934.50 | 2837.00 | 97.50 | 3.34% | 70.42 | 69.27 |
-40.8%
|
2934.50 | 2837.00 | 42.3 | — Neut |
| 16 | MRF | 122790.00 | +0.43% | — | 123255.00 | 121600.00 | 1655.00 | 1.35% | 942.50 | 1077.50 |
-53.6%
|
123255.00 | 121600.00 | 41.8 | ▼ Bear |
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.