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 | MOTHERSONTOP | 142.40 | +4.84% | NR7 | 137.65 | 134.85 | 2.80 | 2.06% | 4.97 | 4.58 |
38.9%
|
137.65 | 134.85 | 68.3 | ▲ Bull |
| 2 | M&MTOP | 3121.60 | +0.46% | NR7 | 3159.20 | 3103.00 | 56.20 | 1.81% | 77.28 | 75.77 |
25.8%
|
3159.20 | 3103.00 | 29.0 | ▼ Bear |
| 3 | BAJAJ-AUTOTOP | 10593.00 | +0.97% | NR4 | 10641.50 | 10449.00 | 192.50 | 1.82% | 300.25 | 254.08 |
24.2%
|
10641.50 | 10449.00 | 55.2 | ▲ Bull |
| 4 | ASHOKLEYTOP | 160.54 | -2.16% | NR4 | 164.30 | 159.73 | 4.57 | 2.85% | 5.21 | 4.70 |
2.8%
|
164.30 | 159.73 | 41.4 | — Neut |
| 5 | EICHERMOTTOP | 7376.00 | -0.51% | — | 7441.00 | 7355.00 | 86.00 | 1.17% | 146.12 | 143.33 |
40.0%
|
7441.00 | 7355.00 | 53.7 | ▲ Bull |
| 6 | TVSMOTORTOP | 3454.90 | -0.42% | — | 3484.50 | 3419.70 | 64.80 | 1.88% | 88.17 | 100.27 |
35.4%
|
3484.50 | 3419.70 | 27.2 | ▼ Bear |
| 7 | BOSCHLTDTOP | 35835.00 | -1.31% | — | 36595.00 | 35735.00 | 860.00 | 2.40% | 1593.75 | 1319.17 |
34.8%
|
36595.00 | 35735.00 | 38.1 | — Neut |
| 8 | CUMMINSINDTOP | 5418.50 | +0.68% | — | 5442.00 | 5359.00 | 83.00 | 1.53% | 123.62 | 124.83 |
33.5%
|
5442.00 | 5359.00 | 71.1 | ▲ Bull |
| 9 | HEROMOTOCOTOP | 5075.00 | +1.85% | — | 5029.00 | 4953.00 | 76.00 | 1.53% | 94.75 | 99.50 |
23.6%
|
5029.00 | 4953.00 | 32.2 | — Neut |
| 10 | MARUTITOP | 13208.00 | +0.29% | — | 13329.00 | 13134.00 | 195.00 | 1.48% | 212.25 | 223.67 |
12.8%
|
13329.00 | 13134.00 | 37.0 | — Neut |
| 11 | APOLLOTYRE | 400.20 | +1.77% | — | 399.20 | 388.10 | 11.10 | 2.82% | 11.12 | 12.36 |
10.2%
|
399.20 | 388.10 | 43.9 | — Neut |
| 12 | MRF | 126975.00 | -0.15% | — | 129200.00 | 127000.00 | 2200.00 | 1.73% | 2121.25 | 2438.33 |
9.8%
|
129200.00 | 127000.00 | 40.3 | ▼ Bear |
| 13 | TATACMPV | 393.20 | -0.62% | — | 398.25 | 383.40 | 14.85 | 3.86% | 12.12 | 13.00 |
-14.2%
|
398.25 | 383.40 | 21.4 | ▼ Bear |
| 14 | BALKRISIND | 2191.10 | -0.53% | — | 2242.70 | 2188.00 | 54.70 | 2.48% | 41.62 | 43.93 |
-24.5%
|
2242.70 | 2188.00 | 42.9 | ▼ Bear |
| 15 | ESCORTS | 2880.70 | -2.00% | — | 3042.70 | 2931.00 | 111.70 | 3.80% | 51.73 | 72.43 |
-54.2%
|
3042.70 | 2931.00 | 17.5 | ▼ Bear |
| 16 | EXIDEIND | 394.15 | +7.62% | — | 368.00 | 347.25 | 20.75 | 5.67% | 6.00 | 6.94 |
-199.0%
|
368.00 | 347.25 | 66.1 | ▲ 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.