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 | 906.60 | +0.49% | NR7 | 915.00 | 901.20 | 13.80 | 1.52% | 26.92 | 25.33 |
45.5%
|
915.00 | 901.20 | 46.8 | ▼ Bear |
| 2 | JKCEMENTTOP | 5260.50 | -0.29% | — | 5349.00 | 5243.00 | 106.00 | 2.01% | 140.38 | 130.75 |
18.9%
|
5349.00 | 5243.00 | 36.0 | ▼ Bear |
| 3 | SHREECEMTOP | 24300.00 | -0.16% | — | 24700.00 | 24245.00 | 455.00 | 1.87% | 505.00 | 494.17 |
7.9%
|
24700.00 | 24245.00 | 29.7 | ▼ Bear |
| 4 | ACCTOP | 1300.80 | +0.94% | — | 1312.10 | 1292.30 | 19.80 | 1.52% | 19.05 | 19.93 |
0.7%
|
1312.10 | 1292.30 | 34.4 | ▼ Bear |
| 5 | AMBUJACEMTOP | 411.00 | +0.86% | — | 414.85 | 407.45 | 7.40 | 1.80% | 6.46 | 6.83 |
-8.3%
|
414.85 | 407.45 | 34.8 | ▼ Bear |
| 6 | INDIACEMTOP | 370.75 | +0.28% | — | 375.10 | 366.50 | 8.60 | 2.32% | 8.50 | 7.80 |
-10.3%
|
375.10 | 366.50 | 21.9 | ▼ Bear |
| 7 | ULTRACEMCOTOP | 11575.00 | +1.09% | — | 11643.00 | 11422.00 | 221.00 | 1.91% | 139.25 | 188.83 |
-17.0%
|
11643.00 | 11422.00 | 39.5 | — Neut |
| 8 | DALBHARATTOP | 1897.00 | +1.17% | — | 1925.00 | 1864.00 | 61.00 | 3.22% | 32.00 | 32.60 |
-87.1%
|
1925.00 | 1864.00 | 73.2 | ▲ Bull |
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.