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 | DEEPAKNTRTOP | 1681.20 | +1.92% | NR7 | 1663.50 | 1634.50 | 29.00 | 1.76% | 39.98 | 47.62 |
39.1%
|
1663.50 | 1634.50 | 58.9 | ▲ Bull |
| 2 | UPLTOP | 608.50 | +1.00% | NR4 | 604.90 | 594.95 | 9.95 | 1.65% | 12.25 | 16.04 |
38.0%
|
604.90 | 594.95 | 53.1 | — Neut |
| 3 | BERGEPAINTTOP | 503.90 | +1.19% | NR4 | 499.90 | 488.90 | 11.00 | 2.21% | 13.91 | 14.14 |
22.2%
|
499.90 | 488.90 | 46.9 | ▲ Bull |
| 4 | AARTIINDTOP | 485.00 | +1.51% | — | 480.55 | 469.00 | 11.55 | 2.42% | 14.56 | 14.99 |
22.9%
|
480.55 | 469.00 | 53.8 | ▲ Bull |
| 5 | COROMANDELTOP | 2003.00 | +1.12% | — | 1998.70 | 1955.00 | 43.70 | 2.21% | 46.35 | 47.52 |
8.0%
|
1998.70 | 1955.00 | 39.9 | — Neut |
| 6 | NAVINFLUORTOP | 7732.00 | +2.82% | — | 7708.00 | 7505.00 | 203.00 | 2.70% | 231.25 | 210.17 |
3.4%
|
7708.00 | 7505.00 | 55.0 | ▲ Bull |
| 7 | ASIANPAINTTOP | 2710.20 | +2.74% | — | 2657.10 | 2620.10 | 37.00 | 1.40% | 38.27 | 36.85 |
-0.4%
|
2657.10 | 2620.10 | 46.4 | ▲ Bull |
| 8 | TATACHEMTOP | 701.00 | +2.28% | — | 689.00 | 675.50 | 13.50 | 1.97% | 14.46 | 13.07 |
-3.3%
|
689.00 | 675.50 | 39.0 | ▼ Bear |
| 9 | CHAMBLFERTTOP | 441.10 | +2.34% | — | 434.00 | 425.10 | 8.90 | 2.06% | 7.88 | 8.03 |
-10.8%
|
434.00 | 425.10 | 29.1 | ▼ Bear |
| 10 | PIINDTOP | 2742.00 | +0.40% | — | 2773.30 | 2703.30 | 70.00 | 2.56% | 69.62 | 55.12 |
-27.0%
|
2773.30 | 2703.30 | 60.5 | — Neut |
| 11 | GNFC | 514.00 | +2.18% | — | 506.05 | 492.10 | 13.95 | 2.77% | 8.88 | 10.86 |
-28.5%
|
506.05 | 492.10 | 50.3 | ▲ Bull |
| 12 | PIDILITIND | 1611.30 | +2.57% | — | 1585.00 | 1537.10 | 47.90 | 3.05% | 36.17 | 31.28 |
-53.1%
|
1585.00 | 1537.10 | 48.1 | ▲ Bull |
| 13 | ATUL | 6772.00 | +5.69% | — | 6524.50 | 6077.00 | 447.50 | 6.98% | 166.50 | 160.17 |
-179.4%
|
6524.50 | 6077.00 | 62.1 | — 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.