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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | COLPALTOP | 2022.80 | -0.56% | NR7 | 2043.80 | 2015.30 | 28.50 | 1.41% | 57.08 | 57.73 |
50.6%
|
2043.80 | 2015.30 | 45.7 | ▼ Bear |
| 2 | DABURTOP | 428.00 | -0.23% | NR7 | 431.85 | 426.70 | 5.15 | 1.20% | 8.49 | 9.40 |
45.2%
|
431.85 | 426.70 | 40.0 | ▼ Bear |
| 3 | BRITANNIATOP | 5227.50 | -0.09% | NR7 | 5239.00 | 5191.00 | 48.00 | 0.92% | 74.62 | 81.42 |
41.0%
|
5239.00 | 5191.00 | 53.9 | ▼ Bear |
| 4 | MARUTITOP | 13501.00 | -0.95% | NR4 | 13740.00 | 13560.00 | 180.00 | 1.32% | 297.75 | 275.33 |
34.6%
|
13740.00 | 13560.00 | 60.1 | ▲ Bull |
| 5 | NESTLEINDTOP | 1400.00 | -0.52% | NR4 | 1415.50 | 1387.10 | 28.40 | 2.02% | 41.05 | 37.50 |
24.3%
|
1415.50 | 1387.10 | 45.0 | — Neut |
| 6 | ITCTOP | 290.95 | +0.07% | — | 292.35 | 290.00 | 2.35 | 0.81% | 2.92 | 3.91 |
39.9%
|
292.35 | 290.00 | 55.6 | — Neut |
| 7 | ASIANPAINTTOP | 2752.90 | +0.54% | — | 2768.90 | 2732.50 | 36.40 | 1.33% | 54.50 | 53.25 |
31.6%
|
2768.90 | 2732.50 | 63.8 | ▲ Bull |
| 8 | UBLTOP | 1342.00 | +0.52% | — | 1358.00 | 1336.10 | 21.90 | 1.63% | 27.15 | 28.25 |
22.5%
|
1358.00 | 1336.10 | 55.0 | ▼ Bear |
| 9 | HINDUNILVRTOP | 2213.50 | +0.72% | — | 2224.60 | 2183.00 | 41.60 | 1.89% | 43.50 | 45.65 |
8.9%
|
2224.60 | 2183.00 | 59.4 | — Neut |
| 10 | GODREJCPTOP | 1010.00 | -0.98% | — | 1041.30 | 1015.10 | 26.20 | 2.57% | 25.55 | 25.38 |
-3.2%
|
1041.30 | 1015.10 | 43.7 | ▼ Bear |
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.