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 | PFCTOP | 431.00 | +0.40% | NR7 | 432.00 | 425.65 | 6.35 | 1.47% | 10.50 | 11.13 |
42.9%
|
432.00 | 425.65 | 56.1 | — Neut |
| 2 | HDFCAMCTOP | 2719.00 | -0.34% | NR7 | 2729.90 | 2685.60 | 44.30 | 1.63% | 74.75 | 74.60 |
40.6%
|
2729.90 | 2685.60 | 58.3 | — Neut |
| 3 | MCXTOP | 2803.80 | -0.48% | NR7 | 2814.40 | 2761.80 | 52.60 | 1.88% | 84.92 | 83.60 |
37.1%
|
2814.40 | 2761.80 | 42.4 | ▼ Bear |
| 4 | LICHSGFINTOP | 549.90 | -0.05% | NR7 | 553.65 | 545.15 | 8.50 | 1.55% | 12.35 | 13.36 |
36.4%
|
553.65 | 545.15 | 57.0 | ▲ Bull |
| 5 | BAJAJFINSVTOP | 1769.40 | -0.13% | NR4 | 1775.00 | 1750.00 | 25.00 | 1.41% | 46.75 | 40.77 |
38.7%
|
1775.00 | 1750.00 | 51.6 | — Neut |
| 6 | RECLTDTOP | 355.35 | -0.93% | NR4 | 357.95 | 352.80 | 5.15 | 1.45% | 6.78 | 8.30 |
38.0%
|
357.95 | 352.80 | 66.0 | — Neut |
| 7 | SHRIRAMFINTOP | 1001.90 | -0.08% | — | 1007.70 | 992.30 | 15.40 | 1.54% | 18.09 | 24.51 |
37.2%
|
1007.70 | 992.30 | 69.5 | — Neut |
| 8 | CHOLAFINTOP | 1693.40 | +0.27% | — | 1704.10 | 1676.50 | 27.60 | 1.63% | 35.48 | 43.08 |
35.9%
|
1704.10 | 1676.50 | 73.7 | ▲ Bull |
| 9 | BAJFINANCETOP | 961.80 | +0.31% | — | 960.95 | 948.00 | 12.95 | 1.35% | 22.01 | 20.18 |
35.8%
|
960.95 | 948.00 | 70.9 | ▲ Bull |
| 10 | M&MFINTOP | 294.10 | -0.66% | — | 295.10 | 289.50 | 5.60 | 1.90% | 7.84 | 8.47 |
33.9%
|
295.10 | 289.50 | 49.1 | ▼ Bear |
| 11 | CANFINHOME | 885.35 | +0.19% | — | 890.00 | 876.65 | 13.35 | 1.51% | 17.71 | 19.05 |
29.9%
|
890.00 | 876.65 | 72.1 | ▲ Bull |
| 12 | MUTHOOTFIN | 3126.10 | -1.77% | — | 3137.10 | 3079.80 | 57.30 | 1.83% | 62.73 | 74.45 |
23.0%
|
3137.10 | 3079.80 | 42.5 | ▼ Bear |
| 13 | ABCAPITAL | 375.90 | +1.43% | — | 377.25 | 368.60 | 8.65 | 2.30% | 7.80 | 9.57 |
9.6%
|
377.25 | 368.60 | 63.6 | ▲ Bull |
| 14 | MFSL | 1669.30 | -1.12% | — | 1691.60 | 1646.50 | 45.10 | 2.70% | 49.38 | 48.72 |
7.4%
|
1691.60 | 1646.50 | 55.9 | — Neut |
| 15 | SBICARD | 616.90 | -1.29% | — | 624.95 | 611.00 | 13.95 | 2.26% | 13.12 | 14.31 |
2.5%
|
624.95 | 611.00 | 50.4 | — Neut |
| 16 | LTF | 286.50 | -0.14% | — | 295.90 | 284.60 | 11.30 | 3.94% | 9.16 | 8.35 |
-35.3%
|
295.90 | 284.60 | 60.8 | ▲ Bull |
| 17 | MANAPPURAM | 318.65 | -0.84% | — | 319.75 | 305.90 | 13.85 | 4.35% | 5.55 | 6.97 |
-98.7%
|
319.75 | 305.90 | 51.6 | ▲ 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.