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 | 421.40 | +0.25% | NR7 | 423.85 | 415.40 | 8.45 | 2.01% | 16.95 | 14.91 |
43.3%
|
423.85 | 415.40 | 36.0 | ▼ Bear |
| 2 | DIVISLABTOP | 6942.50 | +1.56% | NR7 | 6871.50 | 6775.00 | 96.50 | 1.41% | 179.38 | 169.67 |
43.1%
|
6871.50 | 6775.00 | 58.4 | ▲ Bull |
| 3 | LALPATHLABTOP | 1733.40 | +2.40% | NR4 | 1710.00 | 1674.60 | 35.40 | 2.09% | 59.42 | 52.22 |
32.2%
|
1710.00 | 1674.60 | 59.4 | ▲ Bull |
| 4 | ZYDUSLIFETOP | 1129.90 | -1.82% | NR4 | 1164.90 | 1145.00 | 19.90 | 1.73% | 27.60 | 28.15 |
29.3%
|
1164.90 | 1145.00 | 62.7 | ▲ Bull |
| 5 | APOLLOHOSPTOP | 8787.00 | -0.61% | NR4 | 8886.50 | 8773.50 | 113.00 | 1.28% | 148.12 | 155.67 |
27.4%
|
8886.50 | 8773.50 | 68.5 | ▲ Bull |
| 6 | CIPLATOP | 1425.00 | -1.00% | NR4 | 1454.50 | 1435.00 | 19.50 | 1.35% | 31.38 | 26.67 |
26.9%
|
1454.50 | 1435.00 | 53.9 | — Neut |
| 7 | ALKEMTOP | 5568.00 | -1.79% | NR4 | 5727.50 | 5635.00 | 92.50 | 1.63% | 122.00 | 119.00 |
22.3%
|
5727.50 | 5635.00 | 64.5 | ▲ Bull |
| 8 | LAURUSLABSTOP | 1557.70 | +1.29% | NR4 | 1548.00 | 1504.10 | 43.90 | 2.85% | 53.52 | 50.18 |
12.5%
|
1548.00 | 1504.10 | 66.2 | ▲ Bull |
| 9 | DRREDDYTOP | 1236.00 | -0.67% | — | 1251.80 | 1222.00 | 29.80 | 2.39% | 46.08 | 42.70 |
30.2%
|
1251.80 | 1222.00 | 40.5 | — Neut |
| 10 | SUNPHARMATOP | 1919.70 | -0.82% | — | 1953.90 | 1926.60 | 27.30 | 1.41% | 40.38 | 38.12 |
28.4%
|
1953.90 | 1926.60 | 65.4 | ▲ Bull |
| 11 | LUPIN | 2483.90 | -0.50% | — | 2521.80 | 2482.00 | 39.80 | 1.59% | 54.25 | 55.25 |
28.0%
|
2521.80 | 2482.00 | 73.1 | ▲ Bull |
| 12 | AUROPHARMA | 1554.50 | -0.65% | — | 1580.50 | 1544.30 | 36.20 | 2.31% | 45.17 | 45.28 |
20.1%
|
1580.50 | 1544.30 | 58.6 | ▲ Bull |
| 13 | GRANULES | 891.00 | +0.13% | — | 901.80 | 878.55 | 23.25 | 2.61% | 30.45 | 26.71 |
13.0%
|
901.80 | 878.55 | 83.4 | ▲ Bull |
| 14 | GLENMARK | 2302.00 | +0.84% | — | 2304.10 | 2247.00 | 57.10 | 2.50% | 61.88 | 63.15 |
9.6%
|
2304.10 | 2247.00 | 65.0 | — Neut |
| 15 | METROPOLIS | 564.70 | -0.57% | — | 570.95 | 553.80 | 17.15 | 3.02% | 17.79 | 16.22 |
-5.7%
|
570.95 | 553.80 | 58.8 | ▲ Bull |
| 16 | ABBOTINDIA | 27415.00 | +0.92% | — | 27350.00 | 26665.00 | 685.00 | 2.52% | 691.25 | 590.83 |
-15.9%
|
27350.00 | 26665.00 | 66.0 | ▲ Bull |
| 17 | BIOCON | 413.80 | -1.12% | — | 419.80 | 404.00 | 15.80 | 3.78% | 15.99 | 13.41 |
-17.8%
|
419.80 | 404.00 | 43.7 | — Neut |
| 18 | TORNTPHARM | 4947.80 | +0.94% | — | 4910.00 | 4778.80 | 131.20 | 2.68% | 89.33 | 85.75 |
-53.0%
|
4910.00 | 4778.80 | 92.0 | ▲ 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.