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 | ALKEMTOP | 5400.00 | +0.33% | NR7 | 5416.50 | 5381.50 | 35.00 | 0.65% | 174.88 | 149.92 |
76.7%
|
5416.50 | 5381.50 | 28.6 | ▼ Bear |
| 2 | LAURUSLABSTOP | 1825.00 | +1.29% | NR7 | 1832.00 | 1813.80 | 18.20 | 1.00% | 45.17 | 39.85 |
54.3%
|
1832.00 | 1813.80 | 51.9 | ▲ Bull |
| 3 | ZYDUSLIFETOP | 1107.70 | +0.29% | NR7 | 1127.70 | 1104.50 | 23.20 | 2.10% | 33.35 | 45.80 |
49.3%
|
1127.70 | 1104.50 | 46.0 | — Neut |
| 4 | APOLLOHOSPTOP | 8735.00 | -0.17% | NR7 | 8788.00 | 8679.50 | 108.50 | 1.24% | 195.62 | 213.75 |
49.2%
|
8788.00 | 8679.50 | 42.4 | — Neut |
| 5 | BIOCONTOP | 412.50 | -0.06% | NR7 | 415.95 | 411.00 | 4.95 | 1.20% | 7.95 | 8.13 |
39.1%
|
415.95 | 411.00 | 38.8 | — Neut |
| 6 | LUPINTOP | 2201.50 | -1.06% | NR7 | 2230.00 | 2202.50 | 27.50 | 1.24% | 35.23 | 34.80 |
21.0%
|
2230.00 | 2202.50 | 14.4 | ▼ Bear |
| 7 | TORNTPHARMTOP | 5005.00 | -0.16% | NR4 | 5044.50 | 4964.50 | 80.00 | 1.60% | 106.88 | 96.33 |
17.0%
|
5044.50 | 4964.50 | 39.0 | ▲ Bull |
| 8 | DIVISLABTOP | 8570.00 | +0.12% | — | 8600.00 | 8508.00 | 92.00 | 1.07% | 111.75 | 157.08 |
41.4%
|
8600.00 | 8508.00 | 67.7 | ▲ Bull |
| 9 | ABBOTINDIATOP | 26110.00 | -1.12% | — | 26500.00 | 26080.00 | 420.00 | 1.61% | 498.75 | 620.83 |
32.3%
|
26500.00 | 26080.00 | 23.9 | — Neut |
| 10 | LALPATHLABTOP | 1889.40 | +0.12% | — | 1908.00 | 1873.40 | 34.60 | 1.83% | 46.45 | 45.73 |
24.3%
|
1908.00 | 1873.40 | 46.7 | ▲ Bull |
| 11 | DRREDDY | 1180.00 | +0.85% | — | 1187.20 | 1168.00 | 19.20 | 1.64% | 19.73 | 24.53 |
21.7%
|
1187.20 | 1168.00 | 59.7 | ▼ Bear |
| 12 | GRANULES | 839.00 | -0.26% | — | 859.65 | 838.15 | 21.50 | 2.55% | 23.81 | 23.31 |
7.8%
|
859.65 | 838.15 | 55.4 | — Neut |
| 13 | SYNGENE | 395.10 | -0.44% | — | 402.85 | 394.90 | 7.95 | 2.01% | 7.33 | 8.35 |
4.8%
|
402.85 | 394.90 | 57.4 | ▼ Bear |
| 14 | SUNPHARMA | 1904.00 | +0.21% | — | 1900.00 | 1871.00 | 29.00 | 1.53% | 34.40 | 29.83 |
2.8%
|
1900.00 | 1871.00 | 24.8 | — Neut |
| 15 | METROPOLIS | 541.00 | -2.52% | — | 554.90 | 536.60 | 18.30 | 3.38% | 16.31 | 18.07 |
-1.3%
|
554.90 | 536.60 | 32.6 | — Neut |
| 16 | AUROPHARMA | 1608.00 | -1.02% | — | 1645.00 | 1611.70 | 33.30 | 2.05% | 32.42 | 27.08 |
-23.0%
|
1645.00 | 1611.70 | 54.5 | — Neut |
| 17 | CIPLA | 1438.00 | +1.13% | — | 1435.10 | 1415.40 | 19.70 | 1.39% | 16.95 | 15.52 |
-26.9%
|
1435.10 | 1415.40 | 34.5 | — Neut |
| 18 | GLENMARK | 2332.90 | +3.85% | — | 2313.90 | 2222.50 | 91.40 | 4.07% | 35.08 | 37.32 |
-144.9%
|
2313.90 | 2222.50 | 64.5 | ▲ 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.