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 | ASHOKLEYTOP | 176.61 | +0.00% | NR7 | 172.20 | 168.37 | 3.83 | 2.25% | 7.36 | 7.75 |
50.6%
|
172.20 | 168.37 | 50.0 | — Neut |
| 2 | EXIDEINDTOP | 333.17 | +0.00% | NR7 | 347.95 | 339.40 | 8.55 | 2.49% | 13.24 | 13.76 |
37.9%
|
347.95 | 339.40 | 50.0 | — Neut |
| 3 | M&MTOP | 3247.65 | +0.00% | NR7 | 3089.00 | 3035.00 | 54.00 | 1.78% | 75.38 | 77.75 |
30.5%
|
3089.00 | 3035.00 | 42.9 | — Neut |
| 4 | MOTHERSONTOP | 124.75 | +0.00% | NR7 | 129.10 | 125.33 | 3.77 | 3.00% | 5.18 | 5.34 |
29.4%
|
129.10 | 125.33 | 42.9 | — Neut |
| 5 | HEROMOTOCOTOP | 5265.61 | +0.00% | NR7 | 5060.50 | 4941.50 | 119.00 | 2.40% | 153.50 | 157.33 |
24.4%
|
5060.50 | 4941.50 | 46.1 | — Neut |
| 6 | BAJFINANCETOP | 937.94 | +0.00% | NR7 | 924.70 | 909.80 | 14.90 | 1.62% | 19.10 | 19.57 |
23.9%
|
924.70 | 909.80 | 1.4 | — Neut |
| 7 | EICHERMOTTOP | 7232.58 | +0.00% | NR7 | 7160.00 | 7049.00 | 111.00 | 1.56% | 127.88 | 129.75 |
14.5%
|
7160.00 | 7049.00 | 50.0 | — Neut |
| 8 | BAJAJFINSVTOP | 1850.29 | +0.00% | NR7 | 1799.90 | 1757.30 | 42.60 | 2.41% | 43.65 | 43.77 |
2.7%
|
1799.90 | 1757.30 | 50.0 | — Neut |
| 9 | OFSSTOP | 7965.33 | +0.00% | — | 9013.50 | 8752.50 | 261.00 | 2.92% | 503.38 | 548.58 |
52.4%
|
9013.50 | 8752.50 | 62.8 | — Neut |
| 10 | RAMCOCEMTOP | 1001.49 | +0.00% | — | 969.00 | 951.05 | 17.95 | 1.86% | 33.84 | 36.54 |
50.9%
|
969.00 | 951.05 | 33.7 | — Neut |
| 11 | GRANULES | 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 |
| 12 | CONCOR | 505.02 | +0.00% | — | 506.90 | 499.05 | 7.85 | 1.56% | 12.19 | 12.99 |
39.6%
|
506.90 | 499.05 | 11.7 | — Neut |
| 13 | TORNTPHARM | 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 |
| 14 | INDHOTEL | 665.53 | +0.00% | — | 641.55 | 630.40 | 11.15 | 1.75% | 16.86 | 18.24 |
38.9%
|
641.55 | 630.40 | 11.1 | — Neut |
| 15 | IGL | 167.11 | +0.00% | — | 167.05 | 162.60 | 4.45 | 2.70% | 6.55 | 7.13 |
37.6%
|
167.05 | 162.60 | 60.1 | — Neut |
| 16 | TVSMOTOR | 3752.16 | +0.00% | — | 3543.30 | 3462.70 | 80.60 | 2.31% | 115.73 | 128.42 |
37.2%
|
3543.30 | 3462.70 | 21.0 | — Neut |
| 17 | TRENT | 4391.40 | +0.00% | — | 4344.00 | 4200.00 | 144.00 | 3.35% | 205.40 | 221.73 |
35.1%
|
4344.00 | 4200.00 | 39.1 | — Neut |
| 18 | MCX | 2829.70 | +0.00% | — | 2813.30 | 2756.00 | 57.30 | 2.08% | 72.70 | 77.30 |
25.9%
|
2813.30 | 2756.00 | 47.6 | — Neut |
| 19 | PAGEIND | 37993.50 | +0.00% | — | 38250.00 | 37565.00 | 685.00 | 1.82% | 826.25 | 889.17 |
23.0%
|
38250.00 | 37565.00 | 48.5 | — Neut |
| 20 | LAURUSLABS | 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 |
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.