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 | MCX | 2923.50 | -7.44% | — | 3322.70 | 3150.80 | 171.90 | 5.44% | 108.50 | 105.43 |
-63.0%
|
3322.70 | 3150.80 | 43.3 | — Neut |
| 102 | TORNTPHARM | 4410.80 | -2.80% | — | 4575.00 | 4356.10 | 218.90 | 4.96% | 149.55 | 132.10 |
-65.7%
|
4575.00 | 4356.10 | 51.4 | ▲ Bull |
| 103 | INDIGO | 4405.00 | -3.61% | — | 4593.20 | 4429.90 | 163.30 | 3.57% | 94.35 | 96.35 |
-69.5%
|
4593.20 | 4429.90 | 44.5 | ▼ Bear |
| 104 | IDFCFIRSTB | 71.32 | -0.22% | — | 72.35 | 70.10 | 2.25 | 3.15% | 1.06 | 1.15 |
-95.7%
|
72.35 | 70.10 | 50.3 | ▲ Bull |
| 105 | SUNTV | 498.30 | -2.85% | — | 529.70 | 493.25 | 36.45 | 7.11% | 23.32 | 18.57 |
-96.3%
|
529.70 | 493.25 | 27.8 | ▼ Bear |
| 106 | METROPOLIS | 555.35 | +3.58% | — | 565.00 | 531.00 | 34.00 | 6.12% | 15.32 | 16.39 |
-107.4%
|
565.00 | 531.00 | 52.1 | ▲ Bull |
| 107 | ABBOTINDIA | 26855.00 | -3.17% | — | 27845.00 | 26630.00 | 1215.00 | 4.52% | 528.75 | 521.67 |
-132.9%
|
27845.00 | 26630.00 | 51.5 | — Neut |
| 108 | ALKEM | 5498.00 | +0.85% | — | 5789.00 | 5472.00 | 317.00 | 5.77% | 130.00 | 133.17 |
-138.0%
|
5789.00 | 5472.00 | 43.9 | ▲ Bull |
| 109 | SYNGENE | 442.00 | -4.00% | — | 464.15 | 436.05 | 28.10 | 6.36% | 11.03 | 11.17 |
-151.6%
|
464.15 | 436.05 | 43.5 | — Neut |
| 110 | ABB | 7219.00 | +6.10% | — | 7244.00 | 6808.00 | 436.00 | 6.04% | 128.12 | 171.75 |
-153.9%
|
7244.00 | 6808.00 | 56.2 | ▲ Bull |
| 111 | MOTHERSON | 145.74 | +2.34% | — | 146.70 | 134.65 | 12.05 | 8.46% | 4.05 | 4.39 |
-174.5%
|
146.70 | 134.65 | 69.9 | ▲ Bull |
| 112 | SIEMENS | 3823.30 | -1.43% | — | 3909.90 | 3543.30 | 366.60 | 9.45% | 121.90 | 129.10 |
-184.0%
|
3909.90 | 3543.30 | 50.8 | ▲ Bull |
| 113 | ZEEL | 92.36 | +0.98% | — | 92.99 | 83.18 | 9.81 | 10.73% | 2.21 | 2.68 |
-266.0%
|
92.99 | 83.18 | 47.5 | ▲ Bull |
| 114 | EXIDEIND | 386.50 | -1.94% | — | 397.40 | 364.15 | 33.25 | 8.44% | 9.96 | 8.37 |
-297.3%
|
397.40 | 364.15 | 62.4 | ▲ Bull |
| 115 | COALINDIA | 457.90 | -1.11% | — | 468.30 | 428.40 | 39.90 | 8.62% | 10.51 | 9.78 |
-308.0%
|
468.30 | 428.40 | 51.5 | — Neut |
| 116 | CUMMINSIND | 5881.00 | -2.43% | — | 6099.00 | 5402.50 | 696.50 | 11.56% | 85.38 | 116.75 |
-496.6%
|
6099.00 | 5402.50 | 64.8 | ▲ 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.