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 | 882.30 | -0.90% | NR7 | 893.80 | 882.05 | 11.75 | 1.33% | 31.65 | 29.98 |
60.8%
|
893.80 | 882.05 | 55.7 | ▼ Bear |
| 2 | JKCEMENTTOP | 5500.00 | -0.72% | NR7 | 5548.00 | 5445.00 | 103.00 | 1.87% | 230.00 | 208.83 |
50.7%
|
5548.00 | 5445.00 | 59.7 | — Neut |
| 3 | DALBHARATTOP | 1726.40 | +0.04% | NR7 | 1730.00 | 1706.10 | 23.90 | 1.39% | 36.27 | 37.17 |
35.7%
|
1730.00 | 1706.10 | 44.8 | — Neut |
| 4 | INDIACEMTOP | 374.90 | -2.29% | — | 383.70 | 373.60 | 10.10 | 2.69% | 8.69 | 10.50 |
3.8%
|
383.70 | 373.60 | 41.1 | ▼ Bear |
| 5 | ULTRACEMCOTOP | 11375.00 | -0.48% | — | 11460.00 | 11235.00 | 225.00 | 1.97% | 220.75 | 209.67 |
-7.3%
|
11460.00 | 11235.00 | 54.5 | — Neut |
| 6 | ACCTOP | 1346.00 | -0.95% | — | 1364.00 | 1340.00 | 24.00 | 1.79% | 19.62 | 21.70 |
-10.6%
|
1364.00 | 1340.00 | 45.1 | ▼ Bear |
| 7 | SHREECEMTOP | 25100.00 | -1.22% | — | 25470.00 | 24795.00 | 675.00 | 2.66% | 576.25 | 576.67 |
-17.1%
|
25470.00 | 24795.00 | 50.2 | — Neut |
| 8 | AMBUJACEMTOP | 424.60 | -1.26% | — | 433.00 | 421.80 | 11.20 | 2.64% | 8.20 | 9.25 |
-21.1%
|
433.00 | 421.80 | 42.7 | ▼ 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.