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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 | 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 |
| 102 | ASHOKLEY | 164.90 | -0.24% | — | 165.04 | 160.00 | 5.04 | 3.06% | 2.88 | 3.32 |
-51.8%
|
165.04 | 160.00 | 33.1 | — Neut |
| 103 | BSOFT | 281.50 | +1.99% | — | 284.80 | 274.20 | 10.60 | 3.77% | 5.78 | 6.96 |
-52.3%
|
284.80 | 274.20 | 37.2 | ▼ Bear |
| 104 | OBEROIRLTY | 1750.00 | -2.01% | — | 1780.00 | 1714.80 | 65.20 | 3.73% | 35.95 | 41.53 |
-57.0%
|
1780.00 | 1714.80 | 25.3 | — Neut |
| 105 | AUBANK | 1057.70 | +0.62% | — | 1061.20 | 1033.20 | 28.00 | 2.65% | 18.88 | 17.73 |
-57.9%
|
1061.20 | 1033.20 | 32.2 | — Neut |
| 106 | GUJGASLTD | 241.20 | -5.52% | — | 249.21 | 240.36 | 8.85 | 3.67% | 6.00 | 5.60 |
-58.0%
|
249.21 | 240.36 | 34.8 | ▼ Bear |
| 107 | MOTHERSON | 164.20 | +1.14% | — | 165.58 | 160.71 | 4.87 | 2.97% | 3.19 | 3.07 |
-58.6%
|
165.58 | 160.71 | 41.1 | ▲ Bull |
| 108 | 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 |
| 109 | DLF | 643.00 | -2.22% | — | 651.40 | 630.00 | 21.40 | 3.33% | 12.90 | 13.15 |
-62.7%
|
651.40 | 630.00 | 29.0 | — Neut |
| 110 | INDIGO | 4960.50 | +1.19% | — | 4970.00 | 4822.00 | 148.00 | 2.98% | 70.62 | 77.08 |
-92.0%
|
4970.00 | 4822.00 | 39.4 | ▼ Bear |
| 111 | ASTRAL | 1411.80 | -2.77% | — | 1456.00 | 1402.50 | 53.50 | 3.79% | 26.55 | 25.40 |
-110.6%
|
1456.00 | 1402.50 | 16.4 | — Neut |
| 112 | GODREJPROP | 1748.00 | -6.07% | — | 1855.00 | 1719.00 | 136.00 | 7.78% | 56.53 | 62.25 |
-118.5%
|
1855.00 | 1719.00 | 17.4 | ▼ Bear |
| 113 | INDUSTOWER | 387.95 | +4.29% | — | 390.85 | 372.00 | 18.85 | 4.86% | 7.22 | 7.19 |
-162.2%
|
390.85 | 372.00 | 58.6 | — Neut |
| 114 | INDIAMART | 1714.00 | +4.51% | — | 1716.40 | 1624.10 | 92.30 | 5.39% | 35.50 | 32.83 |
-181.1%
|
1716.40 | 1624.10 | 42.7 | ▼ Bear |
| 115 | SUNTV | 475.15 | +4.36% | — | 485.50 | 450.00 | 35.50 | 7.47% | 12.25 | 12.26 |
-189.6%
|
485.50 | 450.00 | 53.6 | — Neut |
| 116 | PIIND | 2254.00 | -4.21% | — | 2365.00 | 2191.00 | 174.00 | 7.72% | 39.70 | 51.10 |
-240.5%
|
2365.00 | 2191.00 | 27.2 | ▼ 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.