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 | M&MFINTOP | 356.50 | -1.00% | NR7 | 357.60 | 351.55 | 6.05 | 1.70% | 10.60 | 10.60 |
42.9%
|
357.60 | 351.55 | 32.3 | — Neut |
| 2 | PFCTOP | 351.55 | -0.04% | NR7 | 353.15 | 348.00 | 5.15 | 1.46% | 5.54 | 7.38 |
30.2%
|
353.15 | 348.00 | 40.5 | ▼ Bear |
| 3 | ABCAPITALTOP | 395.00 | -1.56% | NR4 | 396.20 | 391.00 | 5.20 | 1.32% | 6.62 | 6.46 |
19.5%
|
396.20 | 391.00 | 33.8 | — Neut |
| 4 | MANAPPURAMTOP | 325.40 | -1.83% | — | 329.10 | 323.10 | 6.00 | 1.84% | 11.84 | 10.39 |
42.3%
|
329.10 | 323.10 | 24.3 | ▼ Bear |
| 5 | RECLTDTOP | 313.60 | +0.08% | — | 315.05 | 311.25 | 3.80 | 1.21% | 4.34 | 5.48 |
30.7%
|
315.05 | 311.25 | 34.4 | ▼ Bear |
| 6 | SBICARDTOP | 656.05 | -1.35% | — | 665.15 | 650.05 | 15.10 | 2.30% | 16.80 | 17.67 |
14.5%
|
665.15 | 650.05 | 52.6 | ▲ Bull |
| 7 | CANFINHOMETOP | 780.70 | -0.29% | — | 782.40 | 768.05 | 14.35 | 1.84% | 16.84 | 15.54 |
7.7%
|
782.40 | 768.05 | 32.3 | ▼ Bear |
| 8 | MFSLTOP | 1475.00 | +0.14% | — | 1488.00 | 1453.60 | 34.40 | 2.33% | 35.50 | 34.93 |
1.5%
|
1488.00 | 1453.60 | 32.6 | ▼ Bear |
| 9 | SHRIRAMFINTOP | 1030.00 | -0.32% | — | 1034.50 | 1013.20 | 21.30 | 2.07% | 17.85 | 19.58 |
-8.8%
|
1034.50 | 1013.20 | 25.6 | — Neut |
| 10 | BAJAJFINSVTOP | 1924.00 | -0.39% | — | 1926.00 | 1895.00 | 31.00 | 1.61% | 26.32 | 26.25 |
-18.1%
|
1926.00 | 1895.00 | 28.8 | — Neut |
| 11 | BAJFINANCE | 1035.00 | -0.19% | — | 1035.00 | 1015.10 | 19.90 | 1.92% | 14.78 | 14.92 |
-33.4%
|
1035.00 | 1015.10 | 26.6 | — Neut |
| 12 | HDFCAMC | 2407.90 | -0.91% | — | 2424.60 | 2366.10 | 58.50 | 2.43% | 36.30 | 42.73 |
-36.9%
|
2424.60 | 2366.10 | 29.3 | ▼ Bear |
| 13 | CHOLAFIN | 1843.10 | -0.90% | — | 1850.20 | 1795.10 | 55.10 | 2.99% | 43.08 | 39.37 |
-40.0%
|
1850.20 | 1795.10 | 49.2 | — Neut |
| 14 | LICHSGFIN | 563.50 | +2.17% | — | 572.35 | 546.00 | 26.35 | 4.68% | 16.43 | 18.41 |
-43.1%
|
572.35 | 546.00 | 79.3 | ▲ Bull |
| 15 | MCX | 3287.00 | -0.21% | — | 3389.00 | 3247.20 | 141.80 | 4.31% | 77.25 | 98.93 |
-43.3%
|
3389.00 | 3247.20 | 51.2 | ▲ Bull |
| 16 | LTF | 310.25 | +0.18% | — | 311.55 | 302.70 | 8.85 | 2.85% | 5.12 | 5.65 |
-56.6%
|
311.55 | 302.70 | 44.7 | — Neut |
| 17 | MUTHOOTFIN | 2815.00 | -0.85% | — | 2815.00 | 2728.60 | 86.40 | 3.07% | 48.98 | 53.70 |
-60.9%
|
2815.00 | 2728.60 | 15.5 | ▼ 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.