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 | 4846.00 | -1.60% | NR4 | 4909.50 | 4813.00 | 96.50 | 1.99% | 127.75 | 130.67 |
26.1%
|
4909.50 | 4813.00 | 24.9 | ▼ Bear |
| 2 | DALBHARATTOP | 1754.00 | +0.09% | NR4 | 1755.00 | 1708.00 | 47.00 | 2.68% | 54.62 | 47.73 |
1.5%
|
1755.00 | 1708.00 | 36.8 | ▼ Bear |
| 3 | SHREECEMTOP | 22610.00 | -1.07% | — | 22680.00 | 22370.00 | 310.00 | 1.37% | 403.75 | 408.33 |
24.1%
|
22680.00 | 22370.00 | 34.4 | ▼ Bear |
| 4 | INDIACEMTOP | 347.95 | -0.11% | — | 348.00 | 342.55 | 5.45 | 1.57% | 5.96 | 6.08 |
10.4%
|
348.00 | 342.55 | 28.7 | ▼ Bear |
| 5 | RAMCOCEMTOP | 868.45 | +0.35% | — | 869.90 | 851.75 | 18.15 | 2.09% | 19.44 | 20.02 |
9.3%
|
869.90 | 851.75 | 39.0 | ▼ Bear |
| 6 | AMBUJACEMTOP | 392.60 | -0.96% | — | 393.55 | 387.65 | 5.90 | 1.50% | 5.46 | 4.84 |
-21.9%
|
393.55 | 387.65 | 32.7 | ▼ Bear |
| 7 | ACCTOP | 1247.00 | -0.64% | — | 1251.70 | 1230.60 | 21.10 | 1.69% | 15.60 | 15.28 |
-38.1%
|
1251.70 | 1230.60 | 32.0 | ▼ Bear |
| 8 | ULTRACEMCOTOP | 11000.00 | +0.44% | — | 11060.00 | 10790.00 | 270.00 | 2.45% | 167.75 | 164.67 |
-64.0%
|
11060.00 | 10790.00 | 31.9 | ▼ 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.