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 | LALPATHLABTOP | 1897.00 | -0.78% | NR7 | 1924.60 | 1893.90 | 30.70 | 1.62% | 47.10 | 48.42 |
36.6%
|
1924.60 | 1893.90 | 52.9 | — Neut |
| 2 | DIVISLABTOP | 9344.00 | -0.75% | NR4 | 9415.00 | 9310.50 | 104.50 | 1.12% | 238.25 | 203.33 |
48.6%
|
9415.00 | 9310.50 | 69.2 | ▲ Bull |
| 3 | AUROPHARMATOP | 1675.80 | +0.59% | NR4 | 1681.40 | 1655.50 | 25.90 | 1.55% | 34.05 | 35.85 |
27.8%
|
1681.40 | 1655.50 | 61.6 | ▲ Bull |
| 4 | ALKEMTOP | 5089.50 | -0.42% | NR4 | 5128.00 | 5051.00 | 77.00 | 1.51% | 94.62 | 89.25 |
13.7%
|
5128.00 | 5051.00 | 24.2 | ▼ Bear |
| 5 | SUNPHARMATOP | 1840.90 | -0.49% | — | 1854.50 | 1834.00 | 20.50 | 1.11% | 28.00 | 26.35 |
22.2%
|
1854.50 | 1834.00 | 37.2 | ▼ Bear |
| 6 | GLENMARKTOP | 2425.00 | +0.91% | — | 2431.90 | 2384.10 | 47.80 | 1.97% | 59.60 | 53.18 |
10.1%
|
2431.90 | 2384.10 | 55.1 | ▲ Bull |
| 7 | TORNTPHARMTOP | 4963.00 | +0.77% | — | 4988.00 | 4894.00 | 94.00 | 1.89% | 83.62 | 98.50 |
4.6%
|
4988.00 | 4894.00 | 55.2 | ▲ Bull |
| 8 | ZYDUSLIFETOP | 1122.30 | +0.34% | — | 1135.50 | 1104.60 | 30.90 | 2.75% | 33.58 | 31.27 |
1.2%
|
1135.50 | 1104.60 | 53.7 | — Neut |
| 9 | APOLLOHOSPTOP | 8870.00 | -0.27% | — | 8950.00 | 8806.00 | 144.00 | 1.62% | 153.88 | 140.75 |
-2.3%
|
8950.00 | 8806.00 | 57.6 | ▲ Bull |
| 10 | METROPOLISTOP | 583.00 | -2.02% | — | 598.10 | 583.00 | 15.10 | 2.59% | 16.74 | 14.58 |
-3.6%
|
598.10 | 583.00 | 60.0 | ▲ Bull |
| 11 | GRANULES | 913.80 | +1.93% | — | 914.85 | 881.25 | 33.60 | 3.68% | 31.49 | 31.74 |
-5.9%
|
914.85 | 881.25 | 67.0 | ▲ Bull |
| 12 | SYNGENE | 383.10 | -0.23% | — | 383.60 | 375.55 | 8.05 | 2.10% | 7.30 | 7.34 |
-9.7%
|
383.60 | 375.55 | 35.4 | ▼ Bear |
| 13 | CIPLA | 1356.90 | -1.24% | — | 1373.00 | 1347.70 | 25.30 | 1.86% | 20.65 | 22.03 |
-14.8%
|
1373.00 | 1347.70 | 28.9 | ▼ Bear |
| 14 | ABBOTINDIA | 25540.00 | +1.23% | — | 25635.00 | 25135.00 | 500.00 | 1.96% | 428.75 | 423.33 |
-18.1%
|
25635.00 | 25135.00 | 33.1 | ▼ Bear |
| 15 | BIOCON | 391.75 | +0.19% | — | 396.85 | 384.65 | 12.20 | 3.11% | 9.54 | 8.66 |
-40.9%
|
396.85 | 384.65 | 31.7 | ▼ Bear |
| 16 | LAURUSLABS | 1974.90 | +1.67% | — | 1981.80 | 1918.10 | 63.70 | 3.23% | 50.00 | 43.43 |
-46.7%
|
1981.80 | 1918.10 | 71.5 | ▲ Bull |
| 17 | LUPIN | 2094.90 | +1.01% | — | 2108.50 | 2058.00 | 50.50 | 2.41% | 32.30 | 34.08 |
-48.2%
|
2108.50 | 2058.00 | 28.7 | ▼ Bear |
| 18 | DRREDDY | 1173.00 | +2.80% | — | 1182.00 | 1130.00 | 52.00 | 4.43% | 14.70 | 13.98 |
-272.0%
|
1182.00 | 1130.00 | 43.8 | — 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.