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 | SYNGENETOP | 436.95 | -5.09% | NR7 | 467.90 | 459.00 | 8.90 | 1.93% | 11.16 | 12.66 |
29.7%
|
467.90 | 459.00 | 43.5 | — Neut |
| 2 | LALPATHLABTOP | 1601.30 | -0.98% | NR7 | 1636.80 | 1592.00 | 44.80 | 2.77% | 55.52 | 58.98 |
24.0%
|
1636.80 | 1592.00 | 44.0 | ▲ Bull |
| 3 | ABBOTINDIATOP | 26700.00 | -3.73% | NR4 | 27825.00 | 27455.00 | 370.00 | 1.33% | 532.50 | 515.00 |
28.2%
|
27825.00 | 27455.00 | 51.5 | — Neut |
| 4 | DIVISLABTOP | 6630.50 | -2.46% | NR4 | 6855.50 | 6726.00 | 129.50 | 1.91% | 166.38 | 155.25 |
16.6%
|
6855.50 | 6726.00 | 47.9 | — Neut |
| 5 | ZYDUSLIFETOP | 1077.70 | -0.75% | — | 1088.90 | 1074.25 | 14.65 | 1.35% | 21.25 | 32.27 |
54.6%
|
1088.90 | 1074.25 | 76.8 | ▲ Bull |
| 6 | APOLLOHOSPTOP | 8176.50 | -1.16% | — | 8305.00 | 8170.00 | 135.00 | 1.63% | 199.00 | 205.33 |
34.3%
|
8305.00 | 8170.00 | 54.2 | ▲ Bull |
| 7 | GLENMARKTOP | 2290.20 | -3.97% | — | 2390.00 | 2322.00 | 68.00 | 2.85% | 93.45 | 84.88 |
19.9%
|
2390.00 | 2322.00 | 43.5 | — Neut |
| 8 | CIPLATOP | 1418.20 | +0.05% | — | 1432.00 | 1416.00 | 16.00 | 1.13% | 17.57 | 19.67 |
18.7%
|
1432.00 | 1416.00 | 59.7 | ▲ Bull |
| 9 | BIOCONTOP | 426.25 | -1.38% | — | 438.45 | 430.30 | 8.15 | 1.89% | 8.84 | 9.61 |
15.2%
|
438.45 | 430.30 | 81.6 | ▲ Bull |
| 10 | TORNTPHARMTOP | 4361.70 | -3.88% | — | 4552.90 | 4434.10 | 118.80 | 2.62% | 138.22 | 135.97 |
12.6%
|
4552.90 | 4434.10 | 51.4 | — Neut |
| 11 | METROPOLIS | 554.30 | +3.39% | — | 549.10 | 534.00 | 15.10 | 2.82% | 14.62 | 15.38 |
1.8%
|
549.10 | 534.00 | 52.1 | ▲ Bull |
| 12 | LAURUSLABS | 1361.40 | -1.47% | — | 1391.50 | 1365.10 | 26.40 | 1.91% | 24.77 | 26.32 |
-0.3%
|
1391.50 | 1365.10 | 82.1 | ▲ Bull |
| 13 | LUPIN | 2267.70 | -0.38% | — | 2292.20 | 2250.50 | 41.70 | 1.83% | 34.35 | 37.62 |
-10.8%
|
2292.20 | 2250.50 | 33.3 | ▼ Bear |
| 14 | AUROPHARMA | 1426.40 | -0.66% | — | 1473.00 | 1428.50 | 44.50 | 3.10% | 41.05 | 38.05 |
-17.0%
|
1473.00 | 1428.50 | 36.0 | — Neut |
| 15 | DRREDDY | 1301.20 | -1.35% | — | 1346.80 | 1316.70 | 30.10 | 2.28% | 25.77 | 24.27 |
-24.0%
|
1346.80 | 1316.70 | 52.5 | — Neut |
| 16 | SUNPHARMA | 1844.30 | +0.19% | — | 1882.00 | 1830.00 | 52.00 | 2.82% | 38.60 | 35.32 |
-47.2%
|
1882.00 | 1830.00 | 41.6 | ▲ Bull |
| 17 | ALKEM | 5498.00 | +0.85% | — | 5521.50 | 5329.00 | 192.50 | 3.53% | 128.88 | 127.75 |
-50.7%
|
5521.50 | 5329.00 | 43.9 | ▲ Bull |
| 18 | GRANULES | 771.10 | -1.47% | — | 800.00 | 754.85 | 45.15 | 5.77% | 17.56 | 21.04 |
-114.6%
|
800.00 | 754.85 | 57.1 | ▲ 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.