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 | ATULTOP | 5027.50 | -2.30% | — | 5146.00 | 4995.00 | 151.00 | 3.00% | 257.25 | 274.67 |
45.0%
|
5146.00 | 4995.00 | 24.2 | ▼ Bear |
| 2 | BERGEPAINTTOP | 465.20 | -0.29% | — | 466.90 | 459.65 | 7.25 | 1.56% | 8.07 | 8.26 |
12.2%
|
466.90 | 459.65 | 42.7 | ▼ Bear |
| 3 | GNFCTOP | 502.80 | -2.83% | — | 515.95 | 497.15 | 18.80 | 3.73% | 21.89 | 21.18 |
11.2%
|
515.95 | 497.15 | 20.7 | ▼ Bear |
| 4 | AARTIINDTOP | 435.05 | -1.58% | — | 453.60 | 435.00 | 18.60 | 4.27% | 17.96 | 19.75 |
5.8%
|
453.60 | 435.00 | 41.5 | ▼ Bear |
| 5 | PIINDTOP | 2098.90 | -0.53% | — | 2119.50 | 2055.90 | 63.60 | 3.03% | 63.90 | 61.42 |
-3.5%
|
2119.50 | 2055.90 | 48.0 | ▼ Bear |
| 6 | COROMANDELTOP | 1680.00 | -2.31% | — | 1719.00 | 1655.10 | 63.90 | 3.77% | 49.83 | 54.80 |
-16.6%
|
1719.00 | 1655.10 | 48.8 | ▼ Bear |
| 7 | TATACHEMTOP | 592.15 | -1.87% | — | 612.25 | 583.50 | 28.75 | 4.83% | 24.30 | 23.33 |
-23.2%
|
612.25 | 583.50 | 51.8 | ▼ Bear |
| 8 | ASIANPAINTTOP | 2320.00 | +0.78% | — | 2348.00 | 2271.20 | 76.80 | 3.31% | 70.97 | 61.80 |
-24.3%
|
2348.00 | 2271.20 | 46.6 | ▼ Bear |
| 9 | PIDILITINDTOP | 1452.80 | +2.17% | — | 1461.60 | 1400.20 | 61.40 | 4.20% | 53.18 | 45.87 |
-33.9%
|
1461.60 | 1400.20 | 45.7 | ▼ Bear |
| 10 | NAVINFLUORTOP | 8719.00 | +5.55% | — | 8745.00 | 8242.00 | 503.00 | 5.79% | 392.25 | 345.25 |
-45.7%
|
8745.00 | 8242.00 | 56.3 | ▲ Bull |
| 11 | CHAMBLFERT | 353.80 | -3.25% | — | 367.95 | 350.00 | 17.95 | 5.07% | 11.30 | 12.22 |
-46.9%
|
367.95 | 350.00 | 34.5 | ▼ Bear |
| 12 | UPL | 514.35 | -5.09% | — | 541.95 | 512.80 | 29.15 | 5.68% | 22.23 | 19.55 |
-49.1%
|
541.95 | 512.80 | 57.3 | ▼ Bear |
| 13 | DEEPAKNTR | 1516.90 | +2.74% | — | 1615.00 | 1504.70 | 110.30 | 7.26% | 52.55 | 52.92 |
-108.4%
|
1615.00 | 1504.70 | 35.6 | ▼ 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.