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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 61 | COALINDIA | 451.07 | +0.00% | — | 462.00 | 451.05 | 10.95 | 2.40% | 7.77 | 8.13 |
-34.7%
|
462.00 | 451.05 | 100.0 | — Neut |
| 62 | PIIND | 3037.07 | +0.00% | — | 3134.80 | 3070.00 | 64.80 | 2.10% | 45.05 | 47.97 |
-35.1%
|
3134.80 | 3070.00 | 53.8 | — Neut |
| 63 | CHAMBLFERT | 447.19 | +0.00% | — | 450.20 | 439.00 | 11.20 | 2.54% | 7.66 | 8.24 |
-35.9%
|
450.20 | 439.00 | 100.0 | — Neut |
| 64 | PIDILITIND | 1393.83 | +0.00% | — | 1408.90 | 1389.40 | 19.50 | 1.40% | 13.92 | 14.35 |
-35.9%
|
1408.90 | 1389.40 | 88.9 | — Neut |
| 65 | MARICO | 762.77 | +0.00% | — | 787.10 | 769.40 | 17.70 | 2.26% | 12.27 | 13.00 |
-36.2%
|
787.10 | 769.40 | 70.5 | — Neut |
| 66 | NAUKRI | 1075.14 | +0.00% | — | 1016.30 | 979.35 | 36.95 | 3.75% | 25.19 | 27.01 |
-36.8%
|
1016.30 | 979.35 | 2.6 | — Neut |
| 67 | SHRIRAMFIN | 1045.06 | +0.00% | — | 1030.40 | 983.55 | 46.85 | 4.63% | 31.54 | 33.88 |
-38.3%
|
1030.40 | 983.55 | 50.0 | — Neut |
| 68 | MRF | 139627.30 | +0.00% | — | 135770.00 | 131740.00 | 4030.00 | 3.05% | 3021.25 | 2909.17 |
-38.5%
|
135770.00 | 131740.00 | 55.6 | — Neut |
| 69 | AUBANK | 1032.05 | +0.00% | — | 1079.55 | 1047.25 | 32.30 | 3.03% | 21.41 | 22.24 |
-45.2%
|
1079.55 | 1047.25 | 50.0 | — Neut |
| 70 | ATUL | 6729.30 | +0.00% | — | 6999.00 | 6605.00 | 394.00 | 5.90% | 249.62 | 271.08 |
-45.3%
|
6999.00 | 6605.00 | 100.0 | — Neut |
| 71 | ICICIGI | 1841.83 | +0.00% | — | 1819.30 | 1765.00 | 54.30 | 3.06% | 35.10 | 37.10 |
-46.4%
|
1819.30 | 1765.00 | 57.4 | — Neut |
| 72 | HINDCOPPER | 556.35 | +0.00% | — | 554.95 | 537.45 | 17.50 | 3.23% | 11.48 | 11.92 |
-46.8%
|
554.95 | 537.45 | 50.0 | — Neut |
| 73 | GODREJPROP | 1800.01 | +0.00% | — | 1832.00 | 1759.80 | 72.20 | 4.08% | 46.18 | 48.35 |
-49.3%
|
1832.00 | 1759.80 | 50.0 | — Neut |
| 74 | PFC | 471.02 | +0.00% | — | 471.15 | 462.30 | 8.85 | 1.89% | 5.69 | 5.86 |
-51.0%
|
471.15 | 462.30 | 100.0 | — Neut |
| 75 | GMRAIRPORT | 97.37 | +0.00% | — | 96.56 | 93.99 | 2.57 | 2.72% | 1.66 | 1.70 |
-51.2%
|
96.56 | 93.99 | 50.0 | — Neut |
| 76 | UNITDSPR | 1351.79 | +0.00% | — | 1398.50 | 1370.10 | 28.40 | 2.04% | 18.20 | 18.60 |
-52.7%
|
1398.50 | 1370.10 | 35.3 | — Neut |
| 77 | TATACHEM | 707.93 | +0.00% | — | 713.25 | 690.30 | 22.95 | 3.31% | 13.87 | 14.80 |
-55.1%
|
713.25 | 690.30 | 100.0 | — Neut |
| 78 | BALKRISIND | 2301.71 | +0.00% | — | 2284.00 | 2187.00 | 97.00 | 4.36% | 65.42 | 61.92 |
-56.7%
|
2284.00 | 2187.00 | 50.0 | — Neut |
| 79 | SIEMENS | 3721.25 | +0.00% | — | 3893.60 | 3767.90 | 125.70 | 3.30% | 73.80 | 79.03 |
-59.1%
|
3893.60 | 3767.90 | 98.4 | — Neut |
| 80 | CANFINHOME | 874.75 | +0.00% | — | 913.50 | 876.30 | 37.20 | 4.09% | 20.49 | 22.46 |
-65.6%
|
913.50 | 876.30 | 76.0 | — 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.