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 | UBLTOP | 1201.10 | -0.04% | NR7 | 1209.70 | 1198.60 | 11.10 | 0.92% | 40.35 | 40.35 |
72.5%
|
1209.70 | 1198.60 | 46.7 | ▼ Bear |
| 2 | COLPALTOP | 1761.60 | -0.53% | NR7 | 1787.50 | 1755.50 | 32.00 | 1.81% | 56.40 | 67.43 |
52.5%
|
1787.50 | 1755.50 | 40.2 | ▼ Bear |
| 3 | DABURTOP | 382.95 | -0.53% | NR7 | 385.70 | 380.65 | 5.05 | 1.31% | 10.43 | 10.38 |
51.3%
|
385.70 | 380.65 | 45.9 | — Neut |
| 4 | HINDUNILVRTOP | 1884.20 | -0.51% | NR7 | 1897.50 | 1868.60 | 28.90 | 1.53% | 48.30 | 42.97 |
32.7%
|
1897.50 | 1868.60 | 44.2 | ▼ Bear |
| 5 | ASIANPAINTTOP | 2331.90 | -0.77% | NR7 | 2363.60 | 2327.50 | 36.10 | 1.55% | 50.38 | 49.60 |
27.2%
|
2363.60 | 2327.50 | 37.9 | ▼ Bear |
| 6 | NESTLEINDTOP | 1260.50 | -0.40% | NR4 | 1289.70 | 1250.30 | 39.40 | 3.11% | 61.75 | 52.15 |
24.4%
|
1289.70 | 1250.30 | 34.7 | ▼ Bear |
| 7 | ITCTOP | 263.00 | -0.19% | — | 264.85 | 261.15 | 3.70 | 1.40% | 5.50 | 7.74 |
52.2%
|
264.85 | 261.15 | 46.6 | ▼ Bear |
| 8 | BRITANNIATOP | 4775.20 | +0.24% | — | 4850.80 | 4764.00 | 86.80 | 1.82% | 121.38 | 113.42 |
23.5%
|
4850.80 | 4764.00 | 38.4 | ▼ Bear |
| 9 | GODREJCPTOP | 853.30 | -0.20% | — | 859.70 | 842.75 | 16.95 | 1.98% | 21.04 | 18.86 |
10.1%
|
859.70 | 842.75 | 42.0 | ▼ Bear |
| 10 | MARUTITOP | 11520.00 | +0.27% | — | 11569.00 | 11340.00 | 229.00 | 1.99% | 264.00 | 250.33 |
8.5%
|
11569.00 | 11340.00 | 37.9 | ▼ 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.