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 | BAJFINANCETOP | 937.94 | +0.00% | NR7 | 924.70 | 909.80 | 14.90 | 1.62% | 19.10 | 19.57 |
23.9%
|
924.70 | 909.80 | 1.4 | — Neut |
| 2 | BAJAJFINSVTOP | 1850.29 | +0.00% | NR7 | 1799.90 | 1757.30 | 42.60 | 2.41% | 43.65 | 43.77 |
2.7%
|
1799.90 | 1757.30 | 50.0 | — Neut |
| 3 | LTFTOP | 291.61 | +0.00% | NR7 | 295.01 | 287.22 | 7.79 | 2.69% | 7.99 | 8.01 |
2.7%
|
295.01 | 287.22 | 50.0 | — Neut |
| 4 | MCXTOP | 2829.70 | +0.00% | — | 2813.30 | 2756.00 | 57.30 | 2.08% | 72.70 | 77.30 |
25.9%
|
2813.30 | 2756.00 | 47.6 | — Neut |
| 5 | LICHSGFINTOP | 564.34 | +0.00% | — | 549.90 | 533.30 | 16.60 | 3.07% | 15.35 | 16.57 |
-0.2%
|
549.90 | 533.30 | 51.0 | — Neut |
| 6 | RECLTDTOP | 382.57 | +0.00% | — | 378.75 | 369.05 | 9.70 | 2.59% | 8.41 | 9.03 |
-7.4%
|
378.75 | 369.05 | 66.0 | — Neut |
| 7 | MFSLTOP | 1660.71 | +0.00% | — | 1605.50 | 1566.60 | 38.90 | 2.45% | 32.80 | 34.27 |
-13.5%
|
1605.50 | 1566.60 | 100.0 | — Neut |
| 8 | HDFCAMCTOP | 2785.35 | +0.00% | — | 2764.00 | 2692.90 | 71.10 | 2.60% | 57.40 | 59.23 |
-20.0%
|
2764.00 | 2692.90 | 50.0 | — Neut |
| 9 | SHRIRAMFINTOP | 1045.06 | +0.00% | — | 1030.40 | 983.55 | 46.85 | 4.63% | 31.54 | 33.88 |
-38.3%
|
1030.40 | 983.55 | 50.0 | — Neut |
| 10 | PFCTOP | 471.02 | +0.00% | — | 471.15 | 462.30 | 8.85 | 1.89% | 5.69 | 5.86 |
-51.0%
|
471.15 | 462.30 | 100.0 | — Neut |
| 11 | CANFINHOME | 874.75 | +0.00% | — | 913.50 | 876.30 | 37.20 | 4.09% | 20.49 | 22.46 |
-65.6%
|
913.50 | 876.30 | 76.0 | — Neut |
| 12 | CHOLAFIN | 1587.66 | +0.00% | — | 1575.00 | 1529.90 | 45.10 | 2.88% | 23.93 | 25.38 |
-77.7%
|
1575.00 | 1529.90 | 13.7 | — Neut |
| 13 | M&MFIN | 306.72 | +0.00% | — | 299.30 | 290.00 | 9.30 | 3.16% | 4.89 | 5.08 |
-83.1%
|
299.30 | 290.00 | 50.0 | — Neut |
| 14 | MANAPPURAM | 282.66 | +0.00% | — | 294.20 | 285.15 | 9.05 | 3.13% | 4.43 | 4.58 |
-97.6%
|
294.20 | 285.15 | 63.9 | — Neut |
| 15 | ABCAPITAL | 345.40 | +0.00% | — | 351.55 | 338.65 | 12.90 | 3.79% | 6.00 | 6.47 |
-99.4%
|
351.55 | 338.65 | 54.4 | — Neut |
| 16 | SBICARD | 678.11 | +0.00% | — | 687.90 | 666.00 | 21.90 | 3.27% | 9.71 | 10.06 |
-117.7%
|
687.90 | 666.00 | 49.6 | — Neut |
| 17 | MUTHOOTFIN | 3607.64 | +0.00% | — | 3589.50 | 3443.30 | 146.20 | 4.18% | 54.35 | 57.90 |
-152.5%
|
3589.50 | 3443.30 | 51.2 | — 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.