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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 41 | JUBLFOOD | 492.79 | +0.00% | — | 496.40 | 483.60 | 12.80 | 2.60% | 10.85 | 11.48 |
-11.5%
|
496.40 | 483.60 | 50.0 | — Neut |
| 42 | MFSL | 1660.71 | +0.00% | — | 1605.50 | 1566.60 | 38.90 | 2.45% | 32.80 | 34.27 |
-13.5%
|
1605.50 | 1566.60 | 100.0 | — Neut |
| 43 | BAJAJ-AUTO | 9796.62 | +0.00% | — | 9663.00 | 9528.00 | 135.00 | 1.41% | 119.25 | 117.50 |
-14.9%
|
9663.00 | 9528.00 | 50.0 | — Neut |
| 44 | TATACOMM | 1515.52 | +0.00% | — | 1595.00 | 1490.90 | 104.10 | 6.85% | 84.85 | 89.97 |
-15.7%
|
1595.00 | 1490.90 | 100.0 | — Neut |
| 45 | TATAPOWER | 434.96 | +0.00% | — | 436.70 | 426.00 | 10.70 | 2.46% | 8.68 | 9.20 |
-16.3%
|
436.70 | 426.00 | 50.0 | — Neut |
| 46 | POLYCAB | 7986.39 | +0.00% | — | 8088.00 | 7901.00 | 187.00 | 2.33% | 153.12 | 160.42 |
-16.6%
|
8088.00 | 7901.00 | 49.9 | — Neut |
| 47 | MGL | 1141.41 | +0.00% | — | 1154.90 | 1123.55 | 31.35 | 2.77% | 25.35 | 26.78 |
-17.1%
|
1154.90 | 1123.55 | 56.9 | — Neut |
| 48 | ABFRL | 64.76 | +0.00% | — | 63.79 | 61.41 | 2.38 | 3.85% | 1.90 | 2.02 |
-17.8%
|
63.79 | 61.41 | 53.0 | — Neut |
| 49 | HDFCAMC | 2785.35 | +0.00% | — | 2764.00 | 2692.90 | 71.10 | 2.60% | 57.40 | 59.23 |
-20.0%
|
2764.00 | 2692.90 | 50.0 | — Neut |
| 50 | IPCALAB | 1482.25 | +0.00% | — | 1573.20 | 1516.00 | 57.20 | 3.68% | 43.80 | 47.47 |
-20.5%
|
1573.20 | 1516.00 | 100.0 | — Neut |
| 51 | AARTIIND | 447.55 | +0.00% | — | 476.35 | 458.55 | 17.80 | 3.77% | 13.45 | 14.50 |
-22.8%
|
476.35 | 458.55 | 62.0 | — Neut |
| 52 | CUMMINSIND | 5204.84 | +0.00% | — | 5250.00 | 5102.10 | 147.90 | 2.83% | 121.95 | 119.07 |
-24.2%
|
5250.00 | 5102.10 | 74.4 | — Neut |
| 53 | BEL | 451.51 | +0.00% | — | 451.20 | 438.75 | 12.45 | 2.80% | 9.32 | 9.95 |
-25.1%
|
451.20 | 438.75 | 100.0 | — Neut |
| 54 | SRF | 2542.63 | +0.00% | — | 2563.70 | 2472.20 | 91.50 | 3.67% | 67.70 | 73.10 |
-25.2%
|
2563.70 | 2472.20 | 100.0 | — Neut |
| 55 | INDIGO | 4686.15 | +0.00% | — | 4598.80 | 4507.00 | 91.80 | 2.03% | 69.78 | 72.85 |
-26.0%
|
4598.80 | 4507.00 | 50.0 | — Neut |
| 56 | ABBOTINDIA | 25534.07 | +0.00% | — | 25510.00 | 25150.00 | 360.00 | 1.43% | 261.25 | 282.50 |
-27.4%
|
25510.00 | 25150.00 | 37.5 | — Neut |
| 57 | BIOCON | 361.39 | +0.00% | — | 358.95 | 348.50 | 10.45 | 2.99% | 7.59 | 8.12 |
-28.7%
|
358.95 | 348.50 | 50.0 | — Neut |
| 58 | ESCORTS | 3361.09 | +0.00% | — | 3349.00 | 3214.00 | 135.00 | 4.18% | 107.78 | 104.75 |
-28.9%
|
3349.00 | 3214.00 | 43.7 | — Neut |
| 59 | TATACONSUM | 1121.24 | +0.00% | — | 1197.00 | 1162.00 | 35.00 | 2.98% | 25.60 | 26.67 |
-31.2%
|
1197.00 | 1162.00 | 69.7 | — Neut |
| 60 | ASTRAL | 1583.74 | +0.00% | — | 1591.00 | 1551.90 | 39.10 | 2.50% | 28.57 | 29.62 |
-32.0%
|
1591.00 | 1551.90 | 65.0 | — 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.