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 | METROPOLISTOP | 582.00 | +2.06% | NR7 | 575.00 | 565.85 | 9.15 | 1.60% | 18.93 | 21.83 |
58.1%
|
575.00 | 565.85 | 48.9 | ▲ Bull |
| 2 | TORNTPHARMTOP | 5019.50 | +1.17% | NR7 | 5049.90 | 4951.70 | 98.20 | 1.98% | 159.72 | 191.72 |
48.8%
|
5049.90 | 4951.70 | 58.0 | ▲ Bull |
| 3 | ABBOTINDIATOP | 27820.00 | -0.66% | NR4 | 28050.00 | 27650.00 | 400.00 | 1.43% | 571.25 | 565.00 |
29.2%
|
28050.00 | 27650.00 | 63.8 | ▲ Bull |
| 4 | ALKEMTOP | 5615.00 | -0.33% | — | 5644.50 | 5561.50 | 83.00 | 1.47% | 124.88 | 127.08 |
34.7%
|
5644.50 | 5561.50 | 52.1 | ▲ Bull |
| 5 | APOLLOHOSPTOP | 8843.50 | +0.43% | — | 8869.50 | 8792.50 | 77.00 | 0.87% | 123.12 | 115.92 |
33.6%
|
8869.50 | 8792.50 | 44.8 | ▲ Bull |
| 6 | GRANULESTOP | 842.85 | +1.12% | — | 856.90 | 830.75 | 26.15 | 3.14% | 38.38 | 33.70 |
22.4%
|
856.90 | 830.75 | 42.2 | — Neut |
| 7 | BIOCONTOP | 436.25 | +0.60% | — | 435.00 | 426.70 | 8.30 | 1.91% | 9.68 | 10.58 |
21.6%
|
435.00 | 426.70 | 54.4 | ▲ Bull |
| 8 | LUPINTOP | 2410.00 | +1.67% | — | 2388.40 | 2340.00 | 48.40 | 2.04% | 65.03 | 59.13 |
18.1%
|
2388.40 | 2340.00 | 35.4 | — Neut |
| 9 | AUROPHARMATOP | 1549.40 | +1.14% | — | 1541.00 | 1512.00 | 29.00 | 1.89% | 38.62 | 34.42 |
15.7%
|
1541.00 | 1512.00 | 36.9 | ▲ Bull |
| 10 | DIVISLABTOP | 7414.00 | +2.28% | — | 7379.50 | 7268.00 | 111.50 | 1.53% | 141.25 | 129.50 |
13.9%
|
7379.50 | 7268.00 | 69.4 | ▲ Bull |
| 11 | ZYDUSLIFE | 1108.20 | -0.05% | — | 1119.60 | 1099.00 | 20.60 | 1.86% | 21.35 | 21.10 |
2.4%
|
1119.60 | 1099.00 | 35.3 | — Neut |
| 12 | SYNGENE | 413.00 | +1.56% | — | 408.25 | 399.00 | 9.25 | 2.27% | 8.35 | 9.08 |
-1.9%
|
408.25 | 399.00 | 26.5 | ▼ Bear |
| 13 | SUNPHARMA | 1973.70 | +1.68% | — | 1958.50 | 1926.80 | 31.70 | 1.62% | 27.20 | 23.82 |
-33.1%
|
1958.50 | 1926.80 | 56.6 | ▲ Bull |
| 14 | GLENMARK | 2196.00 | +0.18% | — | 2248.80 | 2182.00 | 66.80 | 3.05% | 48.80 | 47.83 |
-39.7%
|
2248.80 | 2182.00 | 35.1 | ▼ Bear |
| 15 | LAURUSLABS | 1713.40 | +7.01% | — | 1610.00 | 1554.90 | 55.10 | 3.44% | 35.08 | 33.10 |
-66.5%
|
1610.00 | 1554.90 | 61.6 | ▲ Bull |
| 16 | CIPLA | 1409.40 | -0.09% | — | 1426.90 | 1366.10 | 60.80 | 4.36% | 33.58 | 28.62 |
-112.4%
|
1426.90 | 1366.10 | 33.3 | — Neut |
| 17 | DRREDDY | 1150.80 | -0.08% | — | 1171.60 | 1101.00 | 70.60 | 6.05% | 27.67 | 24.43 |
-189.0%
|
1171.60 | 1101.00 | 9.0 | ▼ Bear |
| 18 | LALPATHLAB | 1820.00 | +3.46% | — | 1791.40 | 1650.90 | 140.50 | 7.99% | 36.35 | 40.18 |
-249.7%
|
1791.40 | 1650.90 | 62.3 | ▲ 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.