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 | ULTRACEMCOTOP | 10907.00 | +0.41% | — | 10985.00 | 10774.00 | 211.00 | 1.93% | 253.25 | 243.67 |
13.4%
|
10985.00 | 10774.00 | 41.4 | — Neut |
| 2 | JKCEMENTTOP | 4923.00 | +0.49% | — | 5009.50 | 4880.00 | 129.50 | 2.63% | 156.12 | 141.17 |
8.3%
|
5009.50 | 4880.00 | 44.6 | ▼ Bear |
| 3 | INDIACEMTOP | 302.30 | +1.65% | — | 304.50 | 296.45 | 8.05 | 2.66% | 8.04 | 8.48 |
5.1%
|
304.50 | 296.45 | 36.0 | ▼ Bear |
| 4 | SHREECEMTOP | 22460.00 | +0.65% | — | 22715.00 | 22210.00 | 505.00 | 2.25% | 520.00 | 516.67 |
2.3%
|
22715.00 | 22210.00 | 51.6 | — Neut |
| 5 | RAMCOCEMTOP | 805.40 | +2.35% | — | 810.10 | 779.50 | 30.60 | 3.80% | 17.32 | 20.52 |
-49.1%
|
810.10 | 779.50 | 28.9 | ▼ Bear |
| 6 | AMBUJACEMTOP | 360.00 | +2.59% | — | 367.70 | 350.15 | 17.55 | 4.88% | 9.35 | 10.64 |
-64.9%
|
367.70 | 350.15 | 42.9 | ▼ Bear |
| 7 | DALBHARATTOP | 1684.40 | +4.62% | — | 1709.00 | 1595.00 | 114.00 | 6.77% | 48.10 | 48.25 |
-136.3%
|
1709.00 | 1595.00 | 46.5 | — Neut |
| 8 | ACCTOP | 1187.20 | +4.38% | — | 1195.00 | 1131.60 | 63.40 | 5.34% | 18.98 | 22.27 |
-184.7%
|
1195.00 | 1131.60 | 37.6 | — 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.