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 | DEEPAKNTRTOP | 1598.50 | -0.07% | NR7 | 1615.20 | 1591.20 | 24.00 | 1.50% | 49.15 | 50.48 |
52.5%
|
1615.20 | 1591.20 | 50.0 | — Neut |
| 2 | TATACHEMTOP | 633.15 | +0.76% | NR7 | 638.00 | 625.20 | 12.80 | 2.02% | 25.78 | 24.14 |
47.0%
|
638.00 | 625.20 | 48.6 | — Neut |
| 3 | AARTIINDTOP | 503.00 | -0.41% | NR7 | 508.35 | 494.15 | 14.20 | 2.82% | 20.86 | 22.86 |
37.9%
|
508.35 | 494.15 | 50.8 | — Neut |
| 4 | ASIANPAINTTOP | 2331.90 | -0.77% | NR7 | 2363.60 | 2327.50 | 36.10 | 1.55% | 50.38 | 49.60 |
27.2%
|
2363.60 | 2327.50 | 37.9 | ▼ Bear |
| 5 | NAVINFLUORTOP | 8167.00 | -0.98% | NR7 | 8274.50 | 8093.00 | 181.50 | 2.22% | 259.12 | 235.75 |
23.0%
|
8274.50 | 8093.00 | 40.8 | — Neut |
| 6 | BERGEPAINTTOP | 473.95 | +0.83% | NR4 | 476.00 | 466.35 | 9.65 | 2.04% | 10.69 | 10.67 |
9.6%
|
476.00 | 466.35 | 61.7 | — Neut |
| 7 | UPLTOP | 534.65 | -1.18% | — | 543.90 | 532.55 | 11.35 | 2.12% | 19.75 | 18.71 |
39.3%
|
543.90 | 532.55 | 43.9 | — Neut |
| 8 | CHAMBLFERTTOP | 388.10 | -0.56% | — | 394.75 | 386.85 | 7.90 | 2.04% | 10.11 | 12.01 |
34.2%
|
394.75 | 386.85 | 28.3 | ▼ Bear |
| 9 | COROMANDELTOP | 1758.60 | -0.38% | — | 1773.50 | 1729.50 | 44.00 | 2.50% | 52.23 | 58.90 |
25.3%
|
1773.50 | 1729.50 | 35.8 | ▼ Bear |
| 10 | GNFCTOP | 564.20 | -1.39% | — | 575.70 | 562.20 | 13.50 | 2.39% | 15.68 | 17.69 |
23.7%
|
575.70 | 562.20 | 27.2 | — Neut |
| 11 | ATUL | 6196.50 | -0.01% | — | 6242.00 | 6125.50 | 116.50 | 1.88% | 158.38 | 145.25 |
19.8%
|
6242.00 | 6125.50 | 55.2 | — Neut |
| 12 | PIIND | 2190.00 | -0.63% | — | 2222.40 | 2171.30 | 51.10 | 2.33% | 58.02 | 63.72 |
19.8%
|
2222.40 | 2171.30 | 32.5 | ▼ Bear |
| 13 | PIDILITIND | 1502.80 | -0.15% | — | 1514.00 | 1490.10 | 23.90 | 1.59% | 28.10 | 28.85 |
17.2%
|
1514.00 | 1490.10 | 45.8 | ▼ 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.