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 | CIPLATOP | 1358.00 | -0.56% | NR4 | 1381.70 | 1357.00 | 24.70 | 1.79% | 37.58 | 34.78 |
29.0%
|
1381.70 | 1357.00 | 74.2 | — Neut |
| 2 | DRREDDYTOP | 1345.00 | +0.72% | — | 1363.70 | 1345.00 | 18.70 | 1.38% | 43.30 | 41.03 |
54.4%
|
1363.70 | 1345.00 | 83.0 | ▲ Bull |
| 3 | BIOCONTOP | 352.35 | +0.13% | — | 355.50 | 348.70 | 6.80 | 1.93% | 10.79 | 10.29 |
33.9%
|
355.50 | 348.70 | 51.8 | — Neut |
| 4 | GLENMARKTOP | 2339.00 | +1.70% | — | 2337.30 | 2291.30 | 46.00 | 2.00% | 64.05 | 69.48 |
33.8%
|
2337.30 | 2291.30 | 50.8 | — Neut |
| 5 | ALKEMTOP | 5070.00 | -0.18% | — | 5134.50 | 5030.00 | 104.50 | 2.04% | 122.25 | 139.25 |
25.0%
|
5134.50 | 5030.00 | 36.8 | ▼ Bear |
| 6 | METROPOLISTOP | 544.70 | -1.65% | — | 556.70 | 541.15 | 15.55 | 2.85% | 19.34 | 19.57 |
20.5%
|
556.70 | 541.15 | 57.6 | — Neut |
| 7 | GRANULESTOP | 839.00 | +0.20% | — | 859.70 | 837.00 | 22.70 | 2.70% | 28.40 | 28.13 |
19.3%
|
859.70 | 837.00 | 58.2 | — Neut |
| 8 | DIVISLABTOP | 9664.00 | +1.10% | — | 9865.00 | 9621.50 | 243.50 | 2.49% | 284.88 | 283.58 |
14.1%
|
9865.00 | 9621.50 | 62.0 | ▲ Bull |
| 9 | AUROPHARMATOP | 1659.90 | +0.92% | — | 1687.00 | 1647.20 | 39.80 | 2.37% | 35.45 | 44.33 |
10.2%
|
1687.00 | 1647.20 | 48.4 | ▲ Bull |
| 10 | SYNGENETOP | 401.65 | +0.77% | — | 410.25 | 391.60 | 18.65 | 4.63% | 22.61 | 19.00 |
1.8%
|
410.25 | 391.60 | 66.5 | — Neut |
| 11 | TORNTPHARM | 4647.90 | +1.48% | — | 4672.00 | 4532.00 | 140.00 | 3.03% | 114.50 | 130.32 |
-7.4%
|
4672.00 | 4532.00 | 46.0 | — Neut |
| 12 | LUPIN | 1989.90 | +0.87% | — | 2021.80 | 1974.00 | 47.80 | 2.38% | 37.00 | 39.10 |
-22.3%
|
2021.80 | 1974.00 | 59.7 | — Neut |
| 13 | APOLLOHOSP | 8200.00 | +0.77% | — | 8448.00 | 8176.00 | 272.00 | 3.22% | 240.12 | 222.25 |
-22.4%
|
8448.00 | 8176.00 | 62.3 | — Neut |
| 14 | LALPATHLAB | 1908.70 | -0.16% | — | 1958.00 | 1886.00 | 72.00 | 3.78% | 65.55 | 58.18 |
-23.8%
|
1958.00 | 1886.00 | 46.0 | ▲ Bull |
| 15 | ABBOTINDIA | 25650.00 | -1.89% | — | 26455.00 | 25555.00 | 900.00 | 3.51% | 637.50 | 650.83 |
-38.3%
|
26455.00 | 25555.00 | 45.7 | ▼ Bear |
| 16 | ZYDUSLIFE | 1184.40 | +0.76% | — | 1248.90 | 1182.00 | 66.90 | 5.37% | 35.75 | 34.30 |
-95.0%
|
1248.90 | 1182.00 | 80.3 | ▲ Bull |
| 17 | LAURUSLABS | 2405.50 | +7.20% | — | 2405.50 | 2206.10 | 199.40 | 8.29% | 82.03 | 77.90 |
-156.0%
|
2405.50 | 2206.10 | 77.6 | ▲ Bull |
| 18 | SUNPHARMA | 1761.00 | +0.20% | — | 1855.00 | 1766.20 | 88.80 | 5.00% | 30.27 | 31.70 |
-180.1%
|
1855.00 | 1766.20 | 56.1 | ▼ 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.