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 | DRREDDYTOP | 1220.35 | +0.00% | NR7 | 1348.80 | 1293.00 | 55.80 | 4.24% | 118.58 | 125.55 |
55.6%
|
1348.80 | 1293.00 | 24.0 | — Neut |
| 2 | DIVISLABTOP | 6281.45 | +0.00% | NR7 | 6442.50 | 6320.00 | 122.50 | 1.93% | 194.88 | 202.92 |
39.6%
|
6442.50 | 6320.00 | 76.9 | — Neut |
| 3 | GLENMARKTOP | 2231.27 | +0.00% | NR7 | 2372.80 | 2283.20 | 89.60 | 3.90% | 132.88 | 137.68 |
34.9%
|
2372.80 | 2283.20 | 48.2 | — Neut |
| 4 | CIPLATOP | 1229.69 | +0.00% | NR7 | 1303.90 | 1254.10 | 49.80 | 3.85% | 73.05 | 75.63 |
34.2%
|
1303.90 | 1254.10 | 64.7 | — Neut |
| 5 | AUROPHARMATOP | 1389.42 | +0.00% | NR7 | 1446.00 | 1411.70 | 34.30 | 2.43% | 46.38 | 47.72 |
28.1%
|
1446.00 | 1411.70 | 55.6 | — Neut |
| 6 | ZYDUSLIFETOP | 929.95 | +0.00% | NR7 | 951.75 | 922.55 | 29.20 | 3.15% | 38.20 | 39.20 |
25.5%
|
951.75 | 922.55 | 100.0 | — Neut |
| 7 | GRANULESTOP | 667.07 | +0.00% | — | 694.45 | 682.00 | 12.45 | 1.81% | 21.94 | 23.33 |
46.6%
|
694.45 | 682.00 | 28.8 | — Neut |
| 8 | TORNTPHARMTOP | 4179.73 | +0.00% | — | 4158.00 | 4097.40 | 60.60 | 1.47% | 95.38 | 99.88 |
39.3%
|
4158.00 | 4097.40 | 47.1 | — Neut |
| 9 | LAURUSLABSTOP | 1116.86 | +0.00% | — | 1137.20 | 1110.20 | 27.00 | 2.42% | 31.51 | 33.98 |
20.5%
|
1137.20 | 1110.20 | 40.0 | — Neut |
| 10 | LALPATHLABTOP | 1429.54 | +0.00% | — | 1435.50 | 1399.90 | 35.60 | 2.53% | 42.08 | 43.38 |
17.9%
|
1435.50 | 1399.90 | 50.0 | — Neut |
| 11 | APOLLOHOSP | 7728.15 | +0.00% | — | 7845.00 | 7684.50 | 160.50 | 2.08% | 177.25 | 189.50 |
15.3%
|
7845.00 | 7684.50 | 50.0 | — Neut |
| 12 | LUPIN | 2322.12 | +0.00% | — | 2351.50 | 2262.00 | 89.50 | 3.90% | 87.70 | 87.50 |
-2.3%
|
2351.50 | 2262.00 | 21.2 | — Neut |
| 13 | SYNGENE | 438.11 | +0.00% | — | 432.55 | 417.45 | 15.10 | 3.58% | 13.56 | 14.17 |
-6.6%
|
432.55 | 417.45 | 64.5 | — Neut |
| 14 | SUNPHARMA | 1665.14 | +0.00% | — | 1673.30 | 1613.60 | 59.70 | 3.68% | 53.77 | 53.12 |
-12.4%
|
1673.30 | 1613.60 | 34.8 | — Neut |
| 15 | ABBOTINDIA | 25534.07 | +0.00% | — | 25510.00 | 25150.00 | 360.00 | 1.43% | 261.25 | 282.50 |
-27.4%
|
25510.00 | 25150.00 | 37.5 | — Neut |
| 16 | BIOCON | 361.39 | +0.00% | — | 358.95 | 348.50 | 10.45 | 2.99% | 7.59 | 8.12 |
-28.7%
|
358.95 | 348.50 | 50.0 | — Neut |
| 17 | METROPOLIS | 482.92 | +0.00% | — | 477.95 | 463.25 | 14.70 | 3.15% | 8.79 | 8.59 |
-71.1%
|
477.95 | 463.25 | 46.0 | — Neut |
| 18 | ALKEM | 5638.63 | +0.00% | — | 5578.50 | 5193.50 | 385.00 | 7.35% | 125.88 | 132.92 |
-189.6%
|
5578.50 | 5193.50 | 66.4 | — 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.