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 | M&MFIN | 382.45 | -1.84% | — | 397.50 | 379.55 | 17.95 | 4.69% | 10.43 | 11.95 |
-50.2%
|
397.50 | 379.55 | 48.3 | — Neut |
| 102 | ICICIGI | 1625.00 | +0.58% | — | 1650.00 | 1617.00 | 33.00 | 2.03% | 19.80 | 20.82 |
-58.5%
|
1650.00 | 1617.00 | 50.3 | ▼ Bear |
| 103 | SBICARD | 647.05 | +3.75% | — | 654.35 | 626.75 | 27.60 | 4.27% | 19.02 | 17.34 |
-59.2%
|
654.35 | 626.75 | 45.1 | ▲ Bull |
| 104 | HDFCAMC | 2624.00 | +2.83% | — | 2624.00 | 2553.00 | 71.00 | 2.71% | 50.65 | 44.18 |
-60.7%
|
2624.00 | 2553.00 | 51.2 | — Neut |
| 105 | MUTHOOTFIN | 2970.00 | +3.88% | — | 2997.80 | 2905.40 | 92.40 | 3.11% | 56.88 | 54.90 |
-68.3%
|
2997.80 | 2905.40 | 37.0 | — Neut |
| 106 | COROMANDEL | 2001.80 | -1.78% | — | 2055.00 | 1995.00 | 60.00 | 2.99% | 37.80 | 35.47 |
-69.2%
|
2055.00 | 1995.00 | 36.8 | — Neut |
| 107 | RECLTD | 328.10 | -2.64% | — | 338.60 | 327.50 | 11.10 | 3.38% | 6.19 | 6.35 |
-74.8%
|
338.60 | 327.50 | 18.6 | ▼ Bear |
| 108 | FEDERALBNK | 355.30 | -0.98% | — | 364.20 | 355.30 | 8.90 | 2.50% | 5.32 | 4.94 |
-80.2%
|
364.20 | 355.30 | 47.0 | ▲ Bull |
| 109 | DALBHARAT | 1897.00 | +1.17% | — | 1925.00 | 1864.00 | 61.00 | 3.22% | 32.00 | 32.60 |
-87.1%
|
1925.00 | 1864.00 | 73.2 | ▲ Bull |
| 110 | CROMPTON | 252.00 | +2.65% | — | 255.25 | 246.00 | 9.25 | 3.67% | 4.38 | 4.74 |
-95.1%
|
255.25 | 246.00 | 42.5 | ▼ Bear |
| 111 | BANDHANBNK | 174.16 | +2.93% | — | 175.95 | 170.10 | 5.85 | 3.36% | 2.97 | 2.95 |
-98.3%
|
175.95 | 170.10 | 50.0 | ▼ Bear |
| 112 | RBLBANK | 392.30 | +2.83% | — | 393.90 | 382.05 | 11.85 | 3.02% | 6.20 | 5.77 |
-105.4%
|
393.90 | 382.05 | 69.3 | ▲ Bull |
| 113 | LICHSGFIN | 508.05 | +2.22% | — | 511.45 | 498.20 | 13.25 | 2.61% | 4.59 | 5.91 |
-124.2%
|
511.45 | 498.20 | 36.1 | ▼ Bear |
| 114 | PFC | 363.80 | -2.84% | — | 375.10 | 363.20 | 11.90 | 3.27% | 4.47 | 4.87 |
-144.4%
|
375.10 | 363.20 | 6.5 | ▼ Bear |
| 115 | CANFINHOME | 846.00 | +3.47% | — | 852.00 | 816.80 | 35.20 | 4.18% | 12.53 | 11.79 |
-198.6%
|
852.00 | 816.80 | 62.9 | — Neut |
| 116 | BALRAMCHIN | 767.95 | +18.00% | — | 780.95 | 655.05 | 125.90 | 16.41% | 20.94 | 22.85 |
-451.0%
|
780.95 | 655.05 | 75.8 | ▲ 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.