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 | UNITDSPR | 1320.50 | -2.21% | — | 1348.40 | 1312.00 | 36.40 | 2.76% | 30.67 | 26.93 |
-35.2%
|
1348.40 | 1312.00 | 67.0 | — Neut |
| 102 | NAUKRI | 984.25 | -2.24% | — | 988.50 | 955.00 | 33.50 | 3.40% | 25.39 | 24.22 |
-38.3%
|
988.50 | 955.00 | 44.4 | ▼ Bear |
| 103 | BATAINDIA | 747.70 | -5.34% | — | 786.00 | 740.30 | 45.70 | 6.11% | 43.65 | 33.01 |
-38.4%
|
786.00 | 740.30 | 68.2 | — Neut |
| 104 | TATACOMM | 1988.80 | +2.41% | — | 2016.50 | 1921.00 | 95.50 | 4.80% | 74.45 | 67.37 |
-41.8%
|
2016.50 | 1921.00 | 55.3 | ▲ Bull |
| 105 | POLYCAB | 10083.00 | +1.31% | — | 10120.00 | 9831.00 | 289.00 | 2.87% | 208.38 | 199.83 |
-44.6%
|
10120.00 | 9831.00 | 69.6 | ▲ Bull |
| 106 | BOSCHLTD | 40195.00 | +0.40% | — | 40500.00 | 39245.00 | 1255.00 | 3.13% | 873.75 | 854.17 |
-46.9%
|
40500.00 | 39245.00 | 75.5 | ▲ Bull |
| 107 | ICICIGI | 1870.10 | +1.69% | — | 1884.10 | 1818.70 | 65.40 | 3.50% | 42.95 | 41.52 |
-57.5%
|
1884.10 | 1818.70 | 67.2 | — Neut |
| 108 | LAURUSLABS | 1412.90 | +3.22% | — | 1424.60 | 1363.80 | 60.80 | 4.30% | 38.80 | 37.28 |
-63.1%
|
1424.60 | 1363.80 | 54.9 | ▲ Bull |
| 109 | IPCALAB | 1585.80 | +2.73% | — | 1609.10 | 1542.50 | 66.60 | 4.20% | 33.25 | 40.03 |
-66.4%
|
1609.10 | 1542.50 | 65.1 | ▲ Bull |
| 110 | BHEL | 414.35 | +2.08% | — | 423.70 | 403.85 | 19.85 | 4.79% | 11.59 | 11.45 |
-73.4%
|
423.70 | 403.85 | 54.3 | ▲ Bull |
| 111 | INDHOTEL | 724.75 | +2.01% | — | 728.90 | 706.05 | 22.85 | 3.15% | 10.85 | 12.98 |
-76.0%
|
728.90 | 706.05 | 80.2 | ▲ Bull |
| 112 | BALRAMCHIN | 531.60 | -4.07% | — | 554.95 | 527.70 | 27.25 | 5.13% | 15.07 | 15.01 |
-81.5%
|
554.95 | 527.70 | 49.5 | — Neut |
| 113 | PERSISTENT | 4829.00 | -2.26% | — | 4844.50 | 4602.00 | 242.50 | 5.02% | 107.88 | 130.42 |
-85.9%
|
4844.50 | 4602.00 | 27.6 | ▼ Bear |
| 114 | MANAPPURAM | 318.65 | -0.84% | — | 319.75 | 305.90 | 13.85 | 4.35% | 5.55 | 6.97 |
-98.7%
|
319.75 | 305.90 | 51.6 | ▲ Bull |
| 115 | BSOFT | 326.40 | +0.38% | — | 328.15 | 311.10 | 17.05 | 5.22% | 8.01 | 7.88 |
-116.4%
|
328.15 | 311.10 | 49.0 | — Neut |
| 116 | OFSS | 9638.50 | +2.54% | — | 9695.00 | 9127.50 | 567.50 | 5.89% | 198.75 | 227.75 |
-149.2%
|
9695.00 | 9127.50 | 36.2 | ▲ 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.