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 | JKCEMENTTOP | 5732.00 | +1.47% | NR4 | 5671.00 | 5578.00 | 93.00 | 1.65% | 229.12 | 186.00 |
50.0%
|
5671.00 | 5578.00 | 69.6 | ▲ Bull |
| 2 | INDIACEMTOP | 398.05 | -2.20% | — | 409.45 | 397.70 | 11.75 | 2.89% | 16.57 | 16.29 |
27.9%
|
409.45 | 397.70 | 58.6 | ▲ Bull |
| 3 | RAMCOCEMTOP | 915.05 | +0.03% | — | 918.00 | 902.00 | 16.00 | 1.75% | 20.98 | 21.14 |
24.3%
|
918.00 | 902.00 | 43.5 | ▼ Bear |
| 4 | ULTRACEMCOTOP | 11881.00 | +0.30% | — | 11899.00 | 11690.00 | 209.00 | 1.76% | 268.25 | 230.33 |
9.3%
|
11899.00 | 11690.00 | 56.0 | ▲ Bull |
| 5 | SHREECEMTOP | 26775.00 | +0.13% | — | 27000.00 | 26425.00 | 575.00 | 2.15% | 595.00 | 587.50 |
2.1%
|
27000.00 | 26425.00 | 51.6 | ▲ Bull |
| 6 | AMBUJACEMTOP | 430.95 | +1.36% | — | 427.50 | 415.45 | 12.05 | 2.83% | 9.82 | 9.28 |
-29.8%
|
427.50 | 415.45 | 46.8 | ▼ Bear |
| 7 | ACCTOP | 1362.00 | +1.57% | — | 1354.70 | 1312.00 | 42.70 | 3.18% | 27.23 | 25.60 |
-66.8%
|
1354.70 | 1312.00 | 44.6 | — Neut |
| 8 | DALBHARATTOP | 1826.50 | +0.87% | — | 1872.10 | 1780.80 | 91.30 | 5.04% | 38.38 | 34.92 |
-161.5%
|
1872.10 | 1780.80 | 55.3 | ▲ 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.