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 | COLPALTOP | 1997.80 | -1.46% | NR7 | 2043.80 | 2015.30 | 28.50 | 1.41% | 57.08 | 57.73 |
50.6%
|
2043.80 | 2015.30 | 51.1 | ▼ Bear |
| 2 | NESTLEINDTOP | 1414.80 | +1.03% | NR7 | 1413.90 | 1394.20 | 19.70 | 1.41% | 41.88 | 39.70 |
50.4%
|
1413.90 | 1394.20 | 55.9 | ▲ Bull |
| 3 | HINDUNILVRTOP | 2194.60 | -1.08% | NR7 | 2221.60 | 2196.80 | 24.80 | 1.12% | 46.48 | 47.83 |
48.1%
|
2221.60 | 2196.80 | 68.5 | — Neut |
| 4 | DABURTOP | 423.50 | -1.21% | NR7 | 431.85 | 426.70 | 5.15 | 1.20% | 8.49 | 9.40 |
45.2%
|
431.85 | 426.70 | 49.1 | ▼ Bear |
| 5 | GODREJCPTOP | 1000.60 | -0.85% | NR7 | 1024.40 | 1005.00 | 19.40 | 1.92% | 26.55 | 26.30 |
26.2%
|
1024.40 | 1005.00 | 47.2 | ▼ Bear |
| 6 | BRITANNIATOP | 5195.00 | -0.95% | — | 5250.00 | 5192.50 | 57.50 | 1.10% | 63.12 | 79.17 |
27.4%
|
5250.00 | 5192.50 | 53.6 | ▼ Bear |
| 7 | ASIANPAINTTOP | 2732.90 | -0.80% | — | 2765.00 | 2728.20 | 36.80 | 1.34% | 54.67 | 49.73 |
26.0%
|
2765.00 | 2728.20 | 67.6 | ▲ Bull |
| 8 | UBLTOP | 1341.90 | +0.04% | — | 1358.00 | 1336.10 | 21.90 | 1.63% | 27.15 | 28.25 |
22.5%
|
1358.00 | 1336.10 | 65.4 | ▼ Bear |
| 9 | ITCTOP | 292.50 | +0.46% | — | 291.90 | 288.00 | 3.90 | 1.34% | 3.00 | 3.54 |
-10.2%
|
291.90 | 288.00 | 70.0 | — Neut |
| 10 | MARUTITOP | 13395.00 | -0.66% | — | 13714.00 | 13433.00 | 281.00 | 2.08% | 280.50 | 254.33 |
-10.5%
|
13714.00 | 13433.00 | 63.5 | ▲ 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.