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 | 2170.00 | -1.31% | NR7 | 2190.10 | 2156.40 | 33.70 | 1.55% | 56.17 | 64.47 |
47.7%
|
2190.10 | 2156.40 | 23.9 | — Neut |
| 2 | EXIDEINDTOP | 412.85 | -1.71% | NR7 | 418.45 | 411.45 | 7.00 | 1.70% | 11.46 | 11.06 |
36.7%
|
418.45 | 411.45 | 24.1 | — Neut |
| 3 | EICHERMOTTOP | 7568.00 | -1.46% | NR4 | 7633.00 | 7545.00 | 88.00 | 1.16% | 108.75 | 108.67 |
19.0%
|
7633.00 | 7545.00 | 23.1 | — Neut |
| 4 | HEROMOTOCOTOP | 5238.00 | -0.23% | — | 5243.00 | 5186.00 | 57.00 | 1.09% | 80.12 | 71.17 |
19.9%
|
5243.00 | 5186.00 | 26.8 | — Neut |
| 5 | MARUTITOP | 12432.00 | -1.33% | — | 12541.00 | 12381.00 | 160.00 | 1.29% | 180.50 | 182.17 |
12.2%
|
12541.00 | 12381.00 | 16.9 | ▼ Bear |
| 6 | APOLLOTYRETOP | 418.10 | +0.01% | — | 419.45 | 410.00 | 9.45 | 2.26% | 11.43 | 9.88 |
4.4%
|
419.45 | 410.00 | 27.3 | ▼ Bear |
| 7 | BOSCHLTDTOP | 48200.00 | -1.03% | — | 48960.00 | 48080.00 | 880.00 | 1.83% | 1052.50 | 918.33 |
4.2%
|
48960.00 | 48080.00 | 50.6 | ▲ Bull |
| 8 | TVSMOTORTOP | 4137.10 | +0.42% | — | 4151.90 | 4062.80 | 89.10 | 2.15% | 92.57 | 85.52 |
-4.2%
|
4151.90 | 4062.80 | 30.3 | — Neut |
| 9 | TATACMPVTOP | 434.10 | -1.07% | — | 436.95 | 425.35 | 11.60 | 2.67% | 9.36 | 10.88 |
-6.6%
|
436.95 | 425.35 | 28.9 | — Neut |
| 10 | MRFTOP | 128760.00 | +0.29% | — | 128765.00 | 127015.00 | 1750.00 | 1.36% | 1418.75 | 1625.00 |
-7.7%
|
128765.00 | 127015.00 | 27.7 | ▼ Bear |
| 11 | BAJAJ-AUTO | 11652.00 | -0.28% | — | 11723.00 | 11529.00 | 194.00 | 1.66% | 150.75 | 171.00 |
-13.5%
|
11723.00 | 11529.00 | 46.0 | — Neut |
| 12 | M&M | 3114.80 | -0.17% | — | 3124.20 | 3069.10 | 55.10 | 1.77% | 45.55 | 47.22 |
-16.7%
|
3124.20 | 3069.10 | 13.1 | ▼ Bear |
| 13 | ESCORTS | 2895.00 | -1.96% | — | 2949.60 | 2884.90 | 64.70 | 2.23% | 56.47 | 55.18 |
-17.3%
|
2949.60 | 2884.90 | 27.5 | ▼ Bear |
| 14 | CUMMINSIND | 5095.00 | -1.72% | — | 5152.00 | 5020.50 | 131.50 | 2.58% | 123.00 | 107.42 |
-22.4%
|
5152.00 | 5020.50 | 40.6 | ▼ Bear |
| 15 | ASHOKLEY | 164.90 | -0.24% | — | 165.04 | 160.00 | 5.04 | 3.06% | 2.88 | 3.32 |
-51.8%
|
165.04 | 160.00 | 33.1 | — Neut |
| 16 | MOTHERSON | 164.20 | +1.14% | — | 165.58 | 160.71 | 4.87 | 2.97% | 3.19 | 3.07 |
-58.6%
|
165.58 | 160.71 | 41.1 | ▲ 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.