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 | UPLTOP | 600.70 | +1.27% | NR7 | 592.50 | 586.20 | 6.30 | 1.06% | 15.81 | 15.34 |
58.9%
|
592.50 | 586.20 | 48.6 | — Neut |
| 2 | TATACHEMTOP | 705.10 | +0.41% | NR7 | 719.40 | 710.85 | 8.55 | 1.20% | 18.96 | 17.69 |
51.7%
|
719.40 | 710.85 | 40.5 | ▼ Bear |
| 3 | BERGEPAINTTOP | 493.70 | +0.94% | NR7 | 494.80 | 486.50 | 8.30 | 1.68% | 14.61 | 13.59 |
38.9%
|
494.80 | 486.50 | 21.4 | — Neut |
| 4 | GNFCTOP | 499.00 | +1.04% | NR7 | 504.20 | 494.60 | 9.60 | 1.91% | 13.90 | 14.46 |
33.6%
|
504.20 | 494.60 | 12.2 | — Neut |
| 5 | COROMANDELTOP | 2091.80 | +0.98% | NR4 | 2067.60 | 2025.10 | 42.50 | 2.06% | 60.08 | 57.85 |
26.5%
|
2067.60 | 2025.10 | 59.0 | ▲ Bull |
| 6 | PIDILITINDTOP | 1578.70 | +1.50% | NR4 | 1583.20 | 1559.60 | 23.60 | 1.49% | 34.42 | 31.87 |
25.9%
|
1583.20 | 1559.60 | 47.5 | ▲ Bull |
| 7 | ASIANPAINTTOP | 2669.40 | +1.08% | NR4 | 2664.40 | 2630.10 | 34.30 | 1.29% | 51.82 | 45.95 |
25.4%
|
2664.40 | 2630.10 | 47.0 | — Neut |
| 8 | NAVINFLUORTOP | 7585.00 | -0.01% | — | 7719.00 | 7595.00 | 124.00 | 1.62% | 270.00 | 248.92 |
50.2%
|
7719.00 | 7595.00 | 52.3 | ▲ Bull |
| 9 | PIINDTOP | 2565.50 | +1.12% | — | 2602.00 | 2566.00 | 36.00 | 1.40% | 53.83 | 52.70 |
31.7%
|
2602.00 | 2566.00 | 28.8 | ▼ Bear |
| 10 | AARTIINDTOP | 498.35 | +3.17% | — | 488.40 | 477.05 | 11.35 | 2.34% | 16.99 | 15.93 |
28.8%
|
488.40 | 477.05 | 55.2 | ▲ Bull |
| 11 | CHAMBLFERT | 453.65 | -0.12% | — | 457.35 | 447.65 | 9.70 | 2.13% | 11.78 | 10.28 |
5.6%
|
457.35 | 447.65 | 32.4 | — Neut |
| 12 | ATUL | 6150.00 | +1.28% | — | 6365.00 | 6187.50 | 177.50 | 2.83% | 147.38 | 151.92 |
-16.8%
|
6365.00 | 6187.50 | 32.6 | ▼ Bear |
| 13 | DEEPAKNTR | 1690.20 | +1.25% | — | 1680.00 | 1613.30 | 66.70 | 4.00% | 48.08 | 51.37 |
-29.8%
|
1680.00 | 1613.30 | 54.6 | — 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.