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 | DABURTOP | 400.00 | +0.06% | NR7 | 402.10 | 398.70 | 3.40 | 0.85% | 5.24 | 5.61 |
39.4%
|
402.10 | 398.70 | 28.9 | ▼ Bear |
| 2 | GODREJCPTOP | 947.00 | +1.83% | — | 948.00 | 934.00 | 14.00 | 1.48% | 13.15 | 21.55 |
35.0%
|
948.00 | 934.00 | 28.5 | ▼ Bear |
| 3 | ASIANPAINTTOP | 2625.20 | -0.21% | — | 2641.80 | 2607.00 | 34.80 | 1.33% | 45.42 | 44.57 |
21.9%
|
2641.80 | 2607.00 | 31.1 | — Neut |
| 4 | MARUTITOP | 13809.00 | +0.87% | — | 13826.00 | 13681.00 | 145.00 | 1.05% | 164.75 | 160.67 |
9.8%
|
13826.00 | 13681.00 | 27.0 | — Neut |
| 5 | HINDUNILVRTOP | 2028.00 | +0.36% | — | 2043.60 | 2018.20 | 25.40 | 1.25% | 26.00 | 27.52 |
7.7%
|
2043.60 | 2018.20 | 35.5 | ▼ Bear |
| 6 | NESTLEINDTOP | 1458.00 | -0.48% | — | 1482.00 | 1454.60 | 27.40 | 1.88% | 26.48 | 25.40 |
-7.9%
|
1482.00 | 1454.60 | 34.4 | — Neut |
| 7 | BRITANNIATOP | 5548.00 | +1.74% | — | 5555.00 | 5454.50 | 100.50 | 1.81% | 85.25 | 88.50 |
-13.6%
|
5555.00 | 5454.50 | 58.0 | ▲ Bull |
| 8 | COLPALTOP | 1910.00 | +1.62% | — | 1914.90 | 1875.00 | 39.90 | 2.09% | 35.95 | 30.43 |
-31.1%
|
1914.90 | 1875.00 | 21.6 | ▼ Bear |
| 9 | UBLTOP | 1340.00 | -1.09% | — | 1367.30 | 1333.00 | 34.30 | 2.56% | 24.83 | 22.68 |
-51.2%
|
1367.30 | 1333.00 | 25.2 | ▼ Bear |
| 10 | ITCTOP | 271.65 | +1.72% | — | 271.65 | 265.00 | 6.65 | 2.45% | 4.30 | 3.97 |
-67.5%
|
271.65 | 265.00 | 38.2 | ▼ 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.