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 | IRCTC | 560.92 | +0.00% | — | 556.00 | 539.20 | 16.80 | 3.10% | 7.78 | 7.82 |
-114.8%
|
556.00 | 539.20 | 15.6 | — Neut |
| 102 | SBICARD | 678.11 | +0.00% | — | 687.90 | 666.00 | 21.90 | 3.27% | 9.71 | 10.06 |
-117.7%
|
687.90 | 666.00 | 49.6 | — Neut |
| 103 | AMBUJACEM | 456.13 | +0.00% | — | 457.70 | 440.40 | 17.30 | 3.83% | 7.44 | 7.94 |
-117.9%
|
457.70 | 440.40 | 57.1 | — Neut |
| 104 | IDFCFIRSTB | 68.13 | +0.00% | — | 68.64 | 66.69 | 1.95 | 2.90% | 0.84 | 0.89 |
-119.1%
|
68.64 | 66.69 | 50.0 | — Neut |
| 105 | COROMANDEL | 2040.41 | +0.00% | — | 2054.00 | 1983.00 | 71.00 | 3.56% | 30.15 | 31.77 |
-123.5%
|
2054.00 | 1983.00 | 100.0 | — Neut |
| 106 | JKCEMENT | 5920.17 | +0.00% | — | 5820.00 | 5567.50 | 252.50 | 4.52% | 109.75 | 112.33 |
-124.8%
|
5820.00 | 5567.50 | 57.5 | — Neut |
| 107 | GNFC | 484.17 | +0.00% | — | 486.00 | 465.90 | 20.10 | 4.29% | 8.49 | 8.83 |
-127.6%
|
486.00 | 465.90 | 55.1 | — Neut |
| 108 | FEDERALBNK | 295.54 | +0.00% | — | 298.30 | 291.25 | 7.05 | 2.41% | 3.05 | 3.07 |
-129.6%
|
298.30 | 291.25 | 50.0 | — Neut |
| 109 | HAL | 4356.88 | +0.00% | — | 4387.30 | 4236.10 | 151.20 | 3.54% | 63.30 | 64.70 |
-133.7%
|
4387.30 | 4236.10 | 53.9 | — Neut |
| 110 | INDIACEM | 417.33 | +0.00% | — | 423.80 | 404.20 | 19.60 | 4.81% | 7.36 | 7.79 |
-151.6%
|
423.80 | 404.20 | 60.0 | — Neut |
| 111 | MUTHOOTFIN | 3607.64 | +0.00% | — | 3589.50 | 3443.30 | 146.20 | 4.18% | 54.35 | 57.90 |
-152.5%
|
3589.50 | 3443.30 | 51.2 | — Neut |
| 112 | IEX | 125.83 | +0.00% | — | 129.70 | 122.34 | 7.36 | 5.97% | 2.79 | 2.86 |
-157.3%
|
129.70 | 122.34 | 50.0 | — Neut |
| 113 | BSOFT | 390.38 | +0.00% | — | 385.95 | 366.20 | 19.75 | 5.36% | 6.61 | 7.06 |
-179.7%
|
385.95 | 366.20 | 42.5 | — Neut |
| 114 | ALKEM | 5638.63 | +0.00% | — | 5578.50 | 5193.50 | 385.00 | 7.35% | 125.88 | 132.92 |
-189.6%
|
5578.50 | 5193.50 | 66.4 | — Neut |
| 115 | RBLBANK | 320.28 | +0.00% | — | 324.40 | 307.70 | 16.70 | 5.20% | 4.90 | 5.00 |
-234.0%
|
324.40 | 307.70 | 61.1 | — Neut |
| 116 | PERSISTENT | 5336.01 | +0.00% | — | 5090.00 | 4734.00 | 356.00 | 7.50% | 101.50 | 103.80 |
-243.0%
|
5090.00 | 4734.00 | 50.0 | — 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.