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 | BALKRISINDTOP | 2072.00 | -1.30% | NR7 | 2099.10 | 2065.50 | 33.60 | 1.62% | 53.88 | 68.68 |
51.1%
|
2099.10 | 2065.50 | 60.1 | ▼ Bear |
| 2 | MARUTITOP | 11426.00 | -1.32% | NR7 | 11473.00 | 11342.00 | 131.00 | 1.15% | 249.00 | 246.17 |
46.8%
|
11473.00 | 11342.00 | 49.2 | ▼ Bear |
| 3 | TATACMPVTOP | 398.50 | -0.45% | NR4 | 401.15 | 390.50 | 10.65 | 2.69% | 16.10 | 15.58 |
31.6%
|
401.15 | 390.50 | 41.9 | ▼ Bear |
| 4 | ESCORTSTOP | 2577.70 | -1.65% | NR4 | 2625.90 | 2567.60 | 58.30 | 2.26% | 99.50 | 84.67 |
31.1%
|
2625.90 | 2567.60 | 37.1 | ▼ Bear |
| 5 | BAJAJ-AUTOTOP | 10422.00 | +0.38% | NR4 | 10530.00 | 10309.00 | 221.00 | 2.14% | 298.50 | 293.83 |
24.8%
|
10530.00 | 10309.00 | 65.8 | — Neut |
| 6 | TVSMOTORTOP | 4212.00 | -1.59% | NR4 | 4313.70 | 4195.20 | 118.50 | 2.82% | 155.57 | 133.95 |
11.5%
|
4313.70 | 4195.20 | 69.9 | ▲ Bull |
| 7 | BOSCHLTDTOP | 47190.00 | -0.79% | — | 47700.00 | 46900.00 | 800.00 | 1.69% | 1240.00 | 1182.50 |
32.3%
|
47700.00 | 46900.00 | 74.4 | ▲ Bull |
| 8 | HEROMOTOCOTOP | 5167.00 | +1.21% | — | 5196.00 | 5051.50 | 144.50 | 2.80% | 207.50 | 202.08 |
28.5%
|
5196.00 | 5051.50 | 62.7 | — Neut |
| 9 | CUMMINSINDTOP | 4410.00 | -2.33% | — | 4452.60 | 4363.30 | 89.30 | 2.01% | 119.12 | 123.35 |
27.6%
|
4452.60 | 4363.30 | 30.9 | ▼ Bear |
| 10 | MRFTOP | 116570.00 | -1.27% | — | 118210.00 | 116510.00 | 1700.00 | 1.46% | 1905.00 | 2081.67 |
18.3%
|
118210.00 | 116510.00 | 19.0 | ▼ Bear |
| 11 | EXIDEIND | 335.05 | -2.77% | — | 345.80 | 334.00 | 11.80 | 3.52% | 13.89 | 14.13 |
16.5%
|
345.80 | 334.00 | 21.8 | ▼ Bear |
| 12 | APOLLOTYRE | 379.55 | -1.76% | — | 388.75 | 378.20 | 10.55 | 2.78% | 10.41 | 11.91 |
11.4%
|
388.75 | 378.20 | 37.1 | ▼ Bear |
| 13 | EICHERMOT | 7206.50 | -0.44% | — | 7343.00 | 7198.00 | 145.00 | 2.01% | 135.50 | 156.50 |
7.3%
|
7343.00 | 7198.00 | 58.0 | — Neut |
| 14 | MOTHERSON | 156.50 | -2.19% | — | 160.47 | 155.57 | 4.90 | 3.13% | 4.68 | 4.64 |
-5.6%
|
160.47 | 155.57 | 55.9 | ▼ Bear |
| 15 | M&M | 2840.30 | -1.72% | — | 2905.40 | 2839.00 | 66.40 | 2.34% | 54.60 | 55.33 |
-20.0%
|
2905.40 | 2839.00 | 55.2 | ▼ Bear |
| 16 | ASHOKLEY | 144.82 | -0.12% | — | 147.80 | 143.06 | 4.74 | 3.27% | 3.75 | 3.91 |
-21.2%
|
147.80 | 143.06 | 49.4 | ▼ 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.