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 | RAMCOCEMTOP | 1001.49 | +0.00% | — | 969.00 | 951.05 | 17.95 | 1.86% | 33.84 | 36.54 |
50.9%
|
969.00 | 951.05 | 33.7 | — Neut |
| 2 | SHREECEMTOP | 25406.43 | +0.00% | — | 25550.00 | 24815.00 | 735.00 | 2.95% | 727.50 | 726.67 |
-1.1%
|
25550.00 | 24815.00 | 65.1 | — Neut |
| 3 | ULTRACEMCOTOP | 11916.09 | +0.00% | — | 12246.00 | 11954.00 | 292.00 | 2.43% | 280.75 | 279.50 |
-4.5%
|
12246.00 | 11954.00 | 70.1 | — Neut |
| 4 | DALBHARATTOP | 1990.55 | +0.00% | — | 1975.20 | 1919.10 | 56.10 | 2.86% | 48.88 | 52.48 |
-6.9%
|
1975.20 | 1919.10 | 62.6 | — Neut |
| 5 | ACCTOP | 1436.13 | +0.00% | — | 1429.00 | 1398.80 | 30.20 | 2.14% | 17.00 | 17.90 |
-68.7%
|
1429.00 | 1398.80 | 18.4 | — Neut |
| 6 | AMBUJACEMTOP | 456.13 | +0.00% | — | 457.70 | 440.40 | 17.30 | 3.83% | 7.44 | 7.94 |
-117.9%
|
457.70 | 440.40 | 57.1 | — Neut |
| 7 | JKCEMENTTOP | 5920.17 | +0.00% | — | 5820.00 | 5567.50 | 252.50 | 4.52% | 109.75 | 112.33 |
-124.8%
|
5820.00 | 5567.50 | 57.5 | — Neut |
| 8 | INDIACEMTOP | 417.33 | +0.00% | — | 423.80 | 404.20 | 19.60 | 4.81% | 7.36 | 7.79 |
-151.6%
|
423.80 | 404.20 | 60.0 | — 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.