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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21 | BHEL | 332.17 | +0.00% | — | 340.49 | 333.02 | 7.47 | 2.21% | 8.55 | 9.23 |
19.1%
|
340.49 | 333.02 | 55.9 | — Neut |
| 22 | LALPATHLAB | 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 |
| 23 | HAVELLS | 1330.90 | +0.00% | — | 1267.40 | 1233.00 | 34.40 | 2.78% | 39.62 | 41.32 |
16.7%
|
1267.40 | 1233.00 | 40.0 | — Neut |
| 24 | 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 |
| 25 | DIXON | 11265.05 | +0.00% | — | 11086.00 | 10765.50 | 320.50 | 2.96% | 349.00 | 375.67 |
14.7%
|
11086.00 | 10765.50 | 10.8 | — Neut |
| 26 | CROMPTON | 259.22 | +0.00% | — | 257.00 | 248.31 | 8.69 | 3.47% | 9.00 | 9.60 |
9.5%
|
257.00 | 248.31 | 50.0 | — Neut |
| 27 | VOLTAS | 1458.48 | +0.00% | — | 1470.00 | 1431.90 | 38.10 | 2.60% | 38.07 | 41.02 |
7.1%
|
1470.00 | 1431.90 | 45.9 | — Neut |
| 28 | CANBK | 140.91 | +0.00% | — | 141.86 | 138.15 | 3.71 | 2.63% | 3.71 | 3.93 |
5.6%
|
141.86 | 138.15 | 100.0 | — Neut |
| 29 | PVRINOX | 971.79 | +0.00% | — | 1012.10 | 992.90 | 19.20 | 1.91% | 19.69 | 19.99 |
4.0%
|
1012.10 | 992.90 | 53.4 | — Neut |
| 30 | DLF | 606.26 | +0.00% | — | 595.50 | 583.05 | 12.45 | 2.12% | 12.19 | 12.88 |
3.3%
|
595.50 | 583.05 | 78.0 | — Neut |
| 31 | ZEEL | 86.73 | +0.00% | — | 92.14 | 86.64 | 5.50 | 6.24% | 5.27 | 5.63 |
2.3%
|
92.14 | 86.64 | 37.2 | — Neut |
| 32 | PETRONET | 276.14 | +0.00% | — | 276.90 | 271.10 | 5.80 | 2.12% | 5.45 | 5.80 |
0.0%
|
276.90 | 271.10 | 50.0 | — Neut |
| 33 | LICHSGFIN | 564.34 | +0.00% | — | 549.90 | 533.30 | 16.60 | 3.07% | 15.35 | 16.57 |
-0.2%
|
549.90 | 533.30 | 51.0 | — Neut |
| 34 | DEEPAKNTR | 1549.36 | +0.00% | — | 1738.90 | 1675.60 | 63.30 | 3.74% | 58.45 | 62.97 |
-0.5%
|
1738.90 | 1675.60 | 70.0 | — Neut |
| 35 | CUB | 265.10 | +0.00% | — | 267.29 | 260.00 | 7.29 | 2.78% | 6.50 | 6.96 |
-4.7%
|
267.29 | 260.00 | 94.5 | — Neut |
| 36 | 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 |
| 37 | BATAINDIA | 755.09 | +0.00% | — | 758.95 | 735.00 | 23.95 | 3.25% | 20.96 | 22.41 |
-6.9%
|
758.95 | 735.00 | 50.0 | — Neut |
| 38 | DALBHARAT | 1990.55 | +0.00% | — | 1975.20 | 1919.10 | 56.10 | 2.86% | 48.88 | 52.48 |
-6.9%
|
1975.20 | 1919.10 | 62.6 | — Neut |
| 39 | RECLTD | 382.57 | +0.00% | — | 378.75 | 369.05 | 9.70 | 2.59% | 8.41 | 9.03 |
-7.4%
|
378.75 | 369.05 | 66.0 | — Neut |
| 40 | SUNTV | 643.57 | +0.00% | — | 625.85 | 594.55 | 31.30 | 5.22% | 26.66 | 28.61 |
-9.4%
|
625.85 | 594.55 | 49.2 | — 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.