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 | AMBUJACEMTOP | 349.00 | -1.61% | NR7 | 358.20 | 348.05 | 10.15 | 2.92% | 17.00 | 17.41 |
41.7%
|
358.20 | 348.05 | 47.5 | ▼ Bear |
| 2 | ACCTOP | 1128.10 | -2.20% | NR7 | 1152.10 | 1127.00 | 25.10 | 2.22% | 39.10 | 42.88 |
41.5%
|
1152.10 | 1127.00 | 49.3 | ▼ Bear |
| 3 | ULTRACEMCOTOP | 11095.00 | -0.72% | NR7 | 11154.00 | 11004.00 | 150.00 | 1.36% | 210.75 | 236.00 |
36.4%
|
11154.00 | 11004.00 | 61.5 | — Neut |
| 4 | SHREECEMTOP | 22820.00 | -1.30% | — | 23125.00 | 22670.00 | 455.00 | 1.98% | 555.00 | 658.33 |
30.9%
|
23125.00 | 22670.00 | 64.9 | — Neut |
| 5 | RAMCOCEMTOP | 716.85 | -1.76% | — | 728.90 | 711.30 | 17.60 | 2.45% | 17.93 | 20.75 |
15.2%
|
728.90 | 711.30 | 20.0 | ▼ Bear |
| 6 | INDIACEMTOP | 312.60 | +4.11% | — | 316.00 | 298.05 | 17.95 | 5.75% | 10.19 | 18.51 |
3.0%
|
316.00 | 298.05 | 56.9 | — Neut |
| 7 | JKCEMENTTOP | 4803.00 | -1.84% | — | 4916.50 | 4720.00 | 196.50 | 4.11% | 133.12 | 127.75 |
-53.8%
|
4916.50 | 4720.00 | 44.6 | ▼ Bear |
| 8 | DALBHARATTOP | 1324.50 | -5.92% | — | 1405.80 | 1319.00 | 86.80 | 6.55% | 64.45 | 55.05 |
-57.7%
|
1405.80 | 1319.00 | 27.5 | ▼ 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.