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 | PIINDTOP | 2775.00 | -2.54% | NR7 | 2863.70 | 2831.00 | 32.70 | 1.15% | 99.60 | 98.10 |
66.7%
|
2863.70 | 2831.00 | 30.5 | ▼ Bear |
| 2 | UPLTOP | 644.80 | -1.73% | NR7 | 659.70 | 653.75 | 5.95 | 0.91% | 13.00 | 13.24 |
55.1%
|
659.70 | 653.75 | 49.6 | ▲ Bull |
| 3 | TATACHEMTOP | 755.10 | -2.51% | NR4 | 787.25 | 773.00 | 14.25 | 1.84% | 38.06 | 29.58 |
51.8%
|
787.25 | 773.00 | 43.1 | — Neut |
| 4 | PIDILITINDTOP | 1482.80 | +0.14% | NR4 | 1486.00 | 1472.40 | 13.60 | 0.92% | 22.22 | 24.83 |
45.2%
|
1486.00 | 1472.40 | 52.0 | ▲ Bull |
| 5 | CHAMBLFERTTOP | 464.25 | -2.91% | NR4 | 483.00 | 472.45 | 10.55 | 2.21% | 13.86 | 12.62 |
16.4%
|
483.00 | 472.45 | 54.3 | ▲ Bull |
| 6 | DEEPAKNTRTOP | 1670.70 | -2.57% | — | 1740.00 | 1696.00 | 44.00 | 2.57% | 60.88 | 68.93 |
36.2%
|
1740.00 | 1696.00 | 24.0 | — Neut |
| 7 | AARTIINDTOP | 472.05 | -5.73% | — | 501.40 | 490.00 | 11.40 | 2.28% | 14.68 | 13.59 |
16.1%
|
501.40 | 490.00 | 45.6 | — Neut |
| 8 | ATULTOP | 6760.00 | -3.46% | — | 7088.00 | 6935.00 | 153.00 | 2.18% | 140.62 | 161.58 |
5.3%
|
7088.00 | 6935.00 | 40.6 | — Neut |
| 9 | BERGEPAINTTOP | 497.65 | -5.56% | — | 527.90 | 511.05 | 16.85 | 3.20% | 16.57 | 17.44 |
3.4%
|
527.90 | 511.05 | 45.4 | — Neut |
| 10 | ASIANPAINTTOP | 2671.90 | +0.94% | — | 2689.60 | 2642.00 | 47.60 | 1.78% | 45.33 | 47.37 |
-0.5%
|
2689.60 | 2642.00 | 60.3 | ▲ Bull |
| 11 | COROMANDEL | 1730.70 | -5.51% | — | 1885.90 | 1824.00 | 61.90 | 3.38% | 46.50 | 54.02 |
-14.6%
|
1885.90 | 1824.00 | 25.5 | ▼ Bear |
| 12 | NAVINFLUOR | 7018.00 | -3.13% | — | 7470.00 | 7202.50 | 267.50 | 3.69% | 207.38 | 208.08 |
-28.6%
|
7470.00 | 7202.50 | 53.3 | — Neut |
| 13 | GNFC | 503.75 | -2.40% | — | 539.60 | 515.00 | 24.60 | 4.77% | 16.02 | 18.63 |
-32.0%
|
539.60 | 515.00 | 52.3 | — Neut |
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.