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 | MRFTOP | 132500.00 | +1.33% | NR7 | 131490.00 | 130300.00 | 1190.00 | 0.91% | 2037.50 | 2000.00 |
40.5%
|
131490.00 | 130300.00 | 33.5 | ▲ Bull |
| 2 | TVSMOTORTOP | 3876.40 | +0.16% | NR4 | 3899.90 | 3823.30 | 76.60 | 1.98% | 129.40 | 110.43 |
30.6%
|
3899.90 | 3823.30 | 61.2 | ▲ Bull |
| 3 | ESCORTSTOP | 2959.90 | +1.89% | NR4 | 2923.70 | 2880.00 | 43.70 | 1.50% | 74.97 | 61.35 |
28.8%
|
2923.70 | 2880.00 | 46.8 | — Neut |
| 4 | EXIDEINDTOP | 427.00 | -3.61% | NR4 | 448.15 | 435.05 | 13.10 | 2.96% | 13.78 | 13.30 |
1.5%
|
448.15 | 435.05 | 58.6 | ▲ Bull |
| 5 | EICHERMOTTOP | 7769.50 | +1.85% | NR4 | 7710.00 | 7575.00 | 135.00 | 1.77% | 146.12 | 132.33 |
-2.0%
|
7710.00 | 7575.00 | 61.0 | ▲ Bull |
| 6 | BOSCHLTDTOP | 41250.00 | -1.21% | — | 42200.00 | 41500.00 | 700.00 | 1.68% | 1026.25 | 910.00 |
23.1%
|
42200.00 | 41500.00 | 43.0 | ▲ Bull |
| 7 | BALKRISINDTOP | 2031.40 | +0.89% | — | 2030.00 | 1982.10 | 47.90 | 2.38% | 47.58 | 54.67 |
12.4%
|
2030.00 | 1982.10 | 24.9 | ▼ Bear |
| 8 | CUMMINSINDTOP | 5629.50 | +0.52% | — | 5652.50 | 5533.00 | 119.50 | 2.13% | 101.12 | 132.92 |
10.1%
|
5652.50 | 5533.00 | 61.2 | ▲ Bull |
| 9 | APOLLOTYRETOP | 419.65 | +0.00% | — | 420.25 | 413.40 | 6.85 | 1.63% | 6.46 | 7.47 |
8.3%
|
420.25 | 413.40 | 15.2 | — Neut |
| 10 | BAJAJ-AUTOTOP | 11180.00 | +0.45% | — | 11320.00 | 11100.00 | 220.00 | 1.98% | 292.75 | 239.50 |
8.1%
|
11320.00 | 11100.00 | 76.0 | ▲ Bull |
| 11 | TATACMPV | 411.45 | +1.30% | — | 407.90 | 398.00 | 9.90 | 2.44% | 8.55 | 10.30 |
3.9%
|
407.90 | 398.00 | 38.7 | — Neut |
| 12 | MOTHERSON | 148.97 | +2.35% | — | 146.66 | 143.00 | 3.66 | 2.51% | 3.71 | 3.51 |
-4.3%
|
146.66 | 143.00 | 63.9 | ▲ Bull |
| 13 | MARUTI | 13730.00 | +2.14% | — | 13495.00 | 13197.00 | 298.00 | 2.22% | 296.50 | 272.00 |
-9.6%
|
13495.00 | 13197.00 | 33.9 | ▲ Bull |
| 14 | HEROMOTOCO | 5113.80 | +2.05% | — | 5102.00 | 4982.00 | 120.00 | 2.39% | 132.62 | 106.45 |
-12.7%
|
5102.00 | 4982.00 | 56.6 | — Neut |
| 15 | ASHOKLEY | 155.06 | +2.64% | — | 151.38 | 147.59 | 3.79 | 2.51% | 3.10 | 3.06 |
-23.9%
|
151.38 | 147.59 | 34.5 | ▼ Bear |
| 16 | M&M | 3238.60 | +2.44% | — | 3217.00 | 3135.10 | 81.90 | 2.59% | 64.75 | 63.30 |
-29.4%
|
3217.00 | 3135.10 | 53.3 | ▲ 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.