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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 | GUJGASLTD | 229.77 | -3.70% | — | 239.89 | 229.50 | 10.39 | 4.52% | 7.96 | 7.58 |
-37.1%
|
239.89 | 229.50 | 29.0 | ▼ Bear |
| 102 | M&M | 2920.90 | +2.07% | — | 2934.50 | 2837.00 | 97.50 | 3.34% | 70.42 | 69.27 |
-40.8%
|
2934.50 | 2837.00 | 42.3 | — Neut |
| 103 | PFC | 333.25 | -2.64% | — | 345.55 | 333.25 | 12.30 | 3.69% | 8.90 | 8.50 |
-44.7%
|
345.55 | 333.25 | 52.1 | ▼ Bear |
| 104 | RAMCOCEM | 805.40 | +2.35% | — | 810.10 | 779.50 | 30.60 | 3.80% | 17.32 | 20.52 |
-49.1%
|
810.10 | 779.50 | 28.9 | ▼ Bear |
| 105 | INDIGO | 4686.90 | -1.91% | — | 4807.90 | 4615.00 | 192.90 | 4.12% | 114.88 | 127.00 |
-51.9%
|
4807.90 | 4615.00 | 39.6 | ▼ Bear |
| 106 | MRF | 122790.00 | +0.43% | — | 123255.00 | 121600.00 | 1655.00 | 1.35% | 942.50 | 1077.50 |
-53.6%
|
123255.00 | 121600.00 | 41.8 | ▼ Bear |
| 107 | AMBUJACEM | 360.00 | +2.59% | — | 367.70 | 350.15 | 17.55 | 4.88% | 9.35 | 10.64 |
-64.9%
|
367.70 | 350.15 | 42.9 | ▼ Bear |
| 108 | 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 |
| 109 | IPCALAB | 1832.60 | -4.21% | — | 1907.10 | 1813.20 | 93.90 | 5.12% | 58.60 | 54.05 |
-73.7%
|
1907.10 | 1813.20 | 27.5 | — Neut |
| 110 | BATAINDIA | 638.65 | +3.67% | — | 641.85 | 615.70 | 26.15 | 4.09% | 14.16 | 14.63 |
-78.7%
|
641.85 | 615.70 | 56.0 | — Neut |
| 111 | INDHOTEL | 772.10 | +4.13% | — | 776.15 | 744.35 | 31.80 | 4.12% | 16.51 | 16.95 |
-87.6%
|
776.15 | 744.35 | 66.2 | ▲ Bull |
| 112 | DIXON | 12340.00 | -2.57% | — | 12850.00 | 12268.00 | 582.00 | 4.72% | 266.25 | 296.00 |
-96.6%
|
12850.00 | 12268.00 | 22.1 | ▼ Bear |
| 113 | CROMPTON | 215.50 | -0.02% | — | 220.65 | 204.10 | 16.55 | 7.68% | 7.49 | 7.54 |
-119.5%
|
220.65 | 204.10 | 41.0 | — Neut |
| 114 | DALBHARAT | 1684.40 | +4.62% | — | 1709.00 | 1595.00 | 114.00 | 6.77% | 48.10 | 48.25 |
-136.3%
|
1709.00 | 1595.00 | 46.5 | — Neut |
| 115 | FEDERALBNK | 338.00 | +0.90% | — | 344.80 | 328.00 | 16.80 | 4.97% | 6.40 | 7.09 |
-137.0%
|
344.80 | 328.00 | 69.1 | — Neut |
| 116 | ACC | 1187.20 | +4.38% | — | 1195.00 | 1131.60 | 63.40 | 5.34% | 18.98 | 22.27 |
-184.7%
|
1195.00 | 1131.60 | 37.6 | — 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.