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 | CUMMINSINDTOP | 5205.00 | -0.29% | NR7 | 5252.50 | 5192.50 | 60.00 | 1.15% | 124.38 | 107.25 |
44.1%
|
5252.50 | 5192.50 | 28.7 | ▼ Bear |
| 2 | HEROMOTOCOTOP | 5740.50 | +0.54% | NR7 | 5740.50 | 5670.00 | 70.50 | 1.23% | 85.50 | 91.00 |
22.5%
|
5740.50 | 5670.00 | 67.6 | ▲ Bull |
| 3 | ASHOKLEYTOP | 173.80 | +0.40% | NR4 | 175.57 | 172.61 | 2.96 | 1.70% | 5.74 | 5.40 |
45.2%
|
175.57 | 172.61 | 60.1 | ▲ Bull |
| 4 | TVSMOTORTOP | 4390.00 | +0.66% | NR4 | 4408.00 | 4356.10 | 51.90 | 1.18% | 60.52 | 66.12 |
21.5%
|
4408.00 | 4356.10 | 55.7 | ▲ Bull |
| 5 | MRFTOP | 134000.00 | +0.28% | — | 134185.00 | 133285.00 | 900.00 | 0.67% | 1642.50 | 1495.00 |
39.8%
|
134185.00 | 133285.00 | 55.2 | ▲ Bull |
| 6 | BOSCHLTDTOP | 48750.00 | +0.60% | — | 48750.00 | 47900.00 | 850.00 | 1.74% | 1168.75 | 1192.50 |
28.7%
|
48750.00 | 47900.00 | 86.5 | ▲ Bull |
| 7 | BALKRISINDTOP | 2383.60 | +0.73% | — | 2393.40 | 2345.90 | 47.50 | 2.00% | 53.02 | 65.22 |
27.2%
|
2393.40 | 2345.90 | 37.5 | ▲ Bull |
| 8 | APOLLOTYRETOP | 429.15 | +0.42% | — | 433.75 | 428.10 | 5.65 | 1.32% | 7.00 | 6.81 |
17.0%
|
433.75 | 428.10 | 51.1 | — Neut |
| 9 | TATACMPVTOP | 477.50 | -0.17% | — | 487.80 | 476.00 | 11.80 | 2.47% | 13.14 | 13.27 |
11.1%
|
487.80 | 476.00 | 75.0 | ▲ Bull |
| 10 | EXIDEINDTOP | 464.60 | +1.11% | — | 467.95 | 457.05 | 10.90 | 2.35% | 12.40 | 12.09 |
9.8%
|
467.95 | 457.05 | 57.1 | ▲ Bull |
| 11 | MARUTI | 13809.00 | +0.87% | — | 13826.00 | 13681.00 | 145.00 | 1.05% | 164.75 | 160.67 |
9.8%
|
13826.00 | 13681.00 | 27.0 | — Neut |
| 12 | MOTHERSON | 169.58 | -0.42% | — | 171.80 | 168.84 | 2.96 | 1.75% | 2.77 | 3.07 |
3.6%
|
171.80 | 168.84 | 77.5 | ▲ Bull |
| 13 | M&M | 3424.80 | +0.29% | — | 3456.40 | 3401.00 | 55.40 | 1.62% | 53.65 | 54.38 |
-1.9%
|
3456.40 | 3401.00 | 53.0 | ▲ Bull |
| 14 | ESCORTS | 3099.20 | +1.45% | — | 3110.00 | 3059.00 | 51.00 | 1.65% | 55.55 | 48.95 |
-4.2%
|
3110.00 | 3059.00 | 50.9 | ▲ Bull |
| 15 | EICHERMOT | 8042.00 | +0.64% | — | 8097.50 | 7983.00 | 114.50 | 1.42% | 107.75 | 104.83 |
-9.2%
|
8097.50 | 7983.00 | 63.3 | ▲ Bull |
| 16 | BAJAJ-AUTO | 11793.00 | +1.27% | — | 11793.00 | 11620.00 | 173.00 | 1.47% | 160.00 | 154.00 |
-12.3%
|
11793.00 | 11620.00 | 59.5 | ▲ 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.