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 | SHREECEMTOP | 26285.00 | -0.51% | NR7 | 26575.00 | 26330.00 | 245.00 | 0.93% | 590.00 | 550.83 |
55.5%
|
26575.00 | 26330.00 | 61.0 | ▲ Bull |
| 2 | AMBUJACEMTOP | 429.80 | -0.54% | NR7 | 434.45 | 429.40 | 5.05 | 1.17% | 10.94 | 10.73 |
52.9%
|
434.45 | 429.40 | 58.3 | — Neut |
| 3 | ULTRACEMCOTOP | 11496.00 | -0.65% | NR7 | 11639.00 | 11535.00 | 104.00 | 0.90% | 211.75 | 189.50 |
45.1%
|
11639.00 | 11535.00 | 55.2 | ▲ Bull |
| 4 | DALBHARATTOP | 1761.70 | +0.26% | NR7 | 1777.50 | 1750.70 | 26.80 | 1.53% | 48.00 | 48.48 |
44.7%
|
1777.50 | 1750.70 | 61.7 | — Neut |
| 5 | RAMCOCEMTOP | 923.05 | -1.61% | NR7 | 946.75 | 931.00 | 15.75 | 1.68% | 24.01 | 24.28 |
35.1%
|
946.75 | 931.00 | 66.6 | ▲ Bull |
| 6 | ACCTOP | 1362.00 | -1.22% | NR4 | 1381.00 | 1354.50 | 26.50 | 1.92% | 33.90 | 32.15 |
17.6%
|
1381.00 | 1354.50 | 56.7 | — Neut |
| 7 | JKCEMENTTOP | 5366.00 | +0.08% | — | 5445.50 | 5320.00 | 125.50 | 2.34% | 155.25 | 168.75 |
25.6%
|
5445.50 | 5320.00 | 40.9 | — Neut |
| 8 | INDIACEMTOP | 376.70 | -1.30% | — | 383.30 | 375.40 | 7.90 | 2.07% | 9.60 | 9.90 |
20.2%
|
383.30 | 375.40 | 47.0 | ▼ 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.