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 | GNFCTOP | 562.80 | -1.26% | NR7 | 565.50 | 559.75 | 5.75 | 1.02% | 15.04 | 14.67 |
60.8%
|
565.50 | 559.75 | 31.7 | — Neut |
| 2 | BERGEPAINTTOP | 458.50 | -1.29% | NR4 | 465.75 | 457.00 | 8.75 | 1.91% | 11.70 | 11.85 |
26.2%
|
465.75 | 457.00 | 9.6 | ▼ Bear |
| 3 | COROMANDELTOP | 1934.90 | -1.58% | — | 1950.80 | 1916.40 | 34.40 | 1.78% | 42.00 | 37.92 |
9.3%
|
1950.80 | 1916.40 | 51.7 | ▼ Bear |
| 4 | ASIANPAINTTOP | 2467.70 | -0.57% | — | 2470.00 | 2442.80 | 27.20 | 1.10% | 28.65 | 29.60 |
8.1%
|
2470.00 | 2442.80 | 22.5 | ▼ Bear |
| 5 | AARTIINDTOP | 492.00 | -2.62% | — | 503.00 | 490.05 | 12.95 | 2.63% | 13.09 | 14.07 |
8.0%
|
503.00 | 490.05 | 26.1 | — Neut |
| 6 | PIDILITINDTOP | 1562.00 | -0.06% | — | 1567.90 | 1540.40 | 27.50 | 1.76% | 31.48 | 26.05 |
-5.6%
|
1567.90 | 1540.40 | 31.5 | — Neut |
| 7 | NAVINFLUORTOP | 8545.00 | -1.98% | — | 8699.50 | 8486.50 | 213.00 | 2.49% | 191.00 | 195.00 |
-9.2%
|
8699.50 | 8486.50 | 62.2 | ▲ Bull |
| 8 | DEEPAKNTRTOP | 1596.00 | -3.26% | — | 1635.10 | 1583.20 | 51.90 | 3.25% | 51.23 | 47.28 |
-9.8%
|
1635.10 | 1583.20 | 30.3 | ▼ Bear |
| 9 | UPLTOP | 575.55 | +0.26% | — | 577.65 | 567.55 | 10.10 | 1.75% | 9.11 | 9.09 |
-11.1%
|
577.65 | 567.55 | 52.1 | ▼ Bear |
| 10 | ATULTOP | 6250.50 | -1.26% | — | 6327.00 | 6156.50 | 170.50 | 2.73% | 113.12 | 132.33 |
-28.8%
|
6327.00 | 6156.50 | 40.3 | ▼ Bear |
| 11 | TATACHEM | 615.00 | +0.49% | — | 616.25 | 600.00 | 16.25 | 2.64% | 11.72 | 12.23 |
-32.9%
|
616.25 | 600.00 | 44.6 | ▼ Bear |
| 12 | CHAMBLFERT | 419.40 | +0.33% | — | 420.00 | 411.45 | 8.55 | 2.04% | 5.53 | 6.33 |
-35.1%
|
420.00 | 411.45 | 35.9 | ▼ Bear |
| 13 | PIIND | 2254.00 | -4.21% | — | 2365.00 | 2191.00 | 174.00 | 7.72% | 39.70 | 51.10 |
-240.5%
|
2365.00 | 2191.00 | 27.2 | ▼ 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.