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 | INDIACEMTOP | 401.00 | -0.89% | — | 408.00 | 401.05 | 6.95 | 1.72% | 9.91 | 10.97 |
36.6%
|
408.00 | 401.05 | 41.3 | — Neut |
| 2 | ULTRACEMCOTOP | 11623.00 | -0.88% | — | 11749.00 | 11580.00 | 169.00 | 1.45% | 171.00 | 206.50 |
18.2%
|
11749.00 | 11580.00 | 37.3 | ▼ Bear |
| 3 | SHREECEMTOP | 25180.00 | -0.69% | — | 25395.00 | 24890.00 | 505.00 | 2.01% | 500.00 | 510.00 |
1.0%
|
25395.00 | 24890.00 | 46.6 | ▲ Bull |
| 4 | DALBHARATTOP | 1793.80 | +0.46% | — | 1822.60 | 1781.60 | 41.00 | 2.30% | 39.83 | 40.78 |
-0.5%
|
1822.60 | 1781.60 | 29.6 | ▼ Bear |
| 5 | RAMCOCEMTOP | 886.85 | -0.53% | — | 913.50 | 879.70 | 33.80 | 3.79% | 35.30 | 32.07 |
-5.4%
|
913.50 | 879.70 | 29.6 | ▼ Bear |
| 6 | JKCEMENTTOP | 5297.50 | -0.33% | — | 5489.00 | 5301.00 | 188.00 | 3.54% | 156.75 | 136.08 |
-38.2%
|
5489.00 | 5301.00 | 35.0 | ▼ Bear |
| 7 | ACCTOP | 1428.10 | +1.10% | — | 1420.30 | 1381.40 | 38.90 | 2.75% | 15.70 | 19.15 |
-103.1%
|
1420.30 | 1381.40 | 53.0 | — Neut |
| 8 | AMBUJACEMTOP | 449.70 | +1.75% | — | 455.95 | 440.60 | 15.35 | 3.41% | 6.74 | 7.23 |
-112.3%
|
455.95 | 440.60 | 55.2 | — 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.