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 | TATACHEMTOP | 729.05 | -0.49% | NR7 | 735.25 | 725.50 | 9.75 | 1.33% | 18.00 | 26.68 |
63.5%
|
735.25 | 725.50 | 38.5 | — Neut |
| 2 | PIINDTOP | 2812.30 | -1.18% | NR7 | 2856.60 | 2830.20 | 26.40 | 0.93% | 72.08 | 69.85 |
62.2%
|
2856.60 | 2830.20 | 56.1 | ▼ Bear |
| 3 | UPLTOP | 608.75 | -0.34% | NR7 | 617.70 | 608.70 | 9.00 | 1.47% | 13.04 | 16.57 |
45.7%
|
617.70 | 608.70 | 32.4 | ▼ Bear |
| 4 | NAVINFLUORTOP | 7549.50 | +3.37% | NR7 | 7388.00 | 7251.50 | 136.50 | 1.87% | 187.62 | 224.33 |
39.2%
|
7388.00 | 7251.50 | 57.9 | ▲ Bull |
| 5 | AARTIINDTOP | 485.00 | -0.30% | NR4 | 494.40 | 479.35 | 15.05 | 3.09% | 28.17 | 22.34 |
32.6%
|
494.40 | 479.35 | 53.6 | ▲ Bull |
| 6 | PIDILITINDTOP | 1580.00 | -0.07% | — | 1586.20 | 1568.00 | 18.20 | 1.15% | 29.25 | 31.43 |
42.1%
|
1586.20 | 1568.00 | 74.1 | ▲ Bull |
| 7 | BERGEPAINTTOP | 555.10 | +9.91% | — | 515.10 | 504.10 | 11.00 | 2.18% | 15.29 | 16.62 |
33.8%
|
515.10 | 504.10 | 52.6 | ▲ Bull |
| 8 | ASIANPAINTTOP | 2736.00 | -0.69% | — | 2765.00 | 2728.20 | 36.80 | 1.34% | 54.67 | 49.73 |
26.0%
|
2765.00 | 2728.20 | 63.8 | ▲ Bull |
| 9 | CHAMBLFERTTOP | 484.00 | +0.40% | — | 487.90 | 475.55 | 12.35 | 2.56% | 12.53 | 14.44 |
14.5%
|
487.90 | 475.55 | 57.1 | ▲ Bull |
| 10 | ATULTOP | 6483.00 | -0.26% | — | 6575.00 | 6465.50 | 109.50 | 1.68% | 128.12 | 126.83 |
13.7%
|
6575.00 | 6465.50 | 31.1 | ▼ Bear |
| 11 | GNFC | 569.95 | +1.31% | — | 576.60 | 559.05 | 17.55 | 3.12% | 19.68 | 18.33 |
4.3%
|
576.60 | 559.05 | 73.4 | ▲ Bull |
| 12 | COROMANDEL | 2024.00 | -2.14% | — | 2076.00 | 1996.40 | 79.60 | 3.85% | 81.15 | 75.60 |
-5.3%
|
2076.00 | 1996.40 | 77.7 | — Neut |
| 13 | DEEPAKNTR | 1648.90 | -0.56% | — | 1672.40 | 1613.00 | 59.40 | 3.58% | 49.77 | 50.12 |
-18.5%
|
1672.40 | 1613.00 | 46.2 | — 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.