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 | SYNGENETOP | 386.10 | +0.49% | NR7 | 390.00 | 382.50 | 7.50 | 1.94% | 17.27 | 15.85 |
52.7%
|
390.00 | 382.50 | 60.2 | — Neut |
| 2 | APOLLOHOSPTOP | 7890.00 | +0.01% | NR7 | 7928.00 | 7795.00 | 133.00 | 1.69% | 242.12 | 250.83 |
47.0%
|
7928.00 | 7795.00 | 23.8 | ▼ Bear |
| 3 | BIOCONTOP | 349.20 | -0.80% | NR7 | 353.00 | 348.00 | 5.00 | 1.43% | 7.05 | 8.20 |
39.0%
|
353.00 | 348.00 | 16.4 | ▼ Bear |
| 4 | DRREDDYTOP | 1230.80 | -0.18% | NR7 | 1233.00 | 1214.10 | 18.90 | 1.53% | 29.48 | 30.12 |
37.3%
|
1233.00 | 1214.10 | 54.8 | ▲ Bull |
| 5 | AUROPHARMATOP | 1658.50 | -0.50% | NR7 | 1681.70 | 1655.00 | 26.70 | 1.60% | 36.55 | 42.00 |
36.4%
|
1681.70 | 1655.00 | 36.2 | — Neut |
| 6 | ZYDUSLIFETOP | 1120.70 | -0.20% | NR4 | 1146.50 | 1123.00 | 23.50 | 2.09% | 34.67 | 35.80 |
34.4%
|
1146.50 | 1123.00 | 26.8 | — Neut |
| 7 | CIPLATOP | 1328.60 | +0.26% | NR4 | 1337.50 | 1315.10 | 22.40 | 1.69% | 25.05 | 27.25 |
17.8%
|
1337.50 | 1315.10 | 30.5 | ▼ Bear |
| 8 | ABBOTINDIATOP | 26170.00 | +0.38% | — | 26230.00 | 25910.00 | 320.00 | 1.22% | 525.00 | 559.17 |
42.8%
|
26230.00 | 25910.00 | 39.9 | ▼ Bear |
| 9 | SUNPHARMATOP | 1755.30 | -0.20% | — | 1764.90 | 1743.50 | 21.40 | 1.22% | 33.80 | 35.33 |
39.4%
|
1764.90 | 1743.50 | 31.4 | ▼ Bear |
| 10 | GLENMARKTOP | 2225.50 | -0.05% | — | 2266.90 | 2223.70 | 43.20 | 1.94% | 42.72 | 60.62 |
28.7%
|
2266.90 | 2223.70 | 40.2 | ▼ Bear |
| 11 | TORNTPHARM | 4558.90 | -0.55% | — | 4618.90 | 4550.40 | 68.50 | 1.50% | 85.22 | 92.77 |
26.2%
|
4618.90 | 4550.40 | 19.4 | ▼ Bear |
| 12 | LALPATHLAB | 1859.90 | -1.34% | — | 1907.90 | 1851.90 | 56.00 | 3.01% | 75.78 | 72.68 |
22.9%
|
1907.90 | 1851.90 | 38.3 | — Neut |
| 13 | LUPIN | 1958.60 | -0.15% | — | 1980.50 | 1947.00 | 33.50 | 1.71% | 35.15 | 41.92 |
20.1%
|
1980.50 | 1947.00 | 29.1 | ▼ Bear |
| 14 | ALKEM | 5050.00 | -1.38% | — | 5147.00 | 5042.00 | 105.00 | 2.08% | 111.00 | 114.58 |
8.4%
|
5147.00 | 5042.00 | 40.5 | ▼ Bear |
| 15 | DIVISLAB | 9144.50 | +1.27% | — | 9248.00 | 8985.50 | 262.50 | 2.87% | 236.38 | 239.33 |
-9.7%
|
9248.00 | 8985.50 | 36.1 | — Neut |
| 16 | GRANULES | 825.35 | +1.65% | — | 833.50 | 801.90 | 31.60 | 3.83% | 24.23 | 27.13 |
-16.5%
|
833.50 | 801.90 | 37.9 | ▼ Bear |
| 17 | LAURUSLABS | 2060.10 | +2.06% | — | 2086.00 | 2028.70 | 57.30 | 2.78% | 41.67 | 47.15 |
-21.5%
|
2086.00 | 2028.70 | 58.1 | ▲ Bull |
| 18 | METROPOLIS | 530.35 | +1.41% | — | 549.90 | 518.05 | 31.85 | 6.01% | 17.59 | 18.61 |
-71.1%
|
549.90 | 518.05 | 28.7 | ▼ Bear |
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.