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 | COLPALTOP | 2136.60 | +2.42% | NR4 | 2103.80 | 2065.00 | 38.80 | 1.86% | 59.95 | 55.33 |
29.9%
|
2103.80 | 2065.00 | 57.7 | ▲ Bull |
| 2 | UBLTOP | 1425.00 | +1.89% | NR4 | 1423.00 | 1388.00 | 35.00 | 2.50% | 46.38 | 40.83 |
14.3%
|
1423.00 | 1388.00 | 64.7 | — Neut |
| 3 | GODREJCPTOP | 1073.70 | +1.34% | NR4 | 1066.20 | 1044.90 | 21.30 | 2.01% | 26.57 | 24.45 |
12.9%
|
1066.20 | 1044.90 | 42.0 | ▲ Bull |
| 4 | DABURTOP | 427.35 | +0.98% | NR4 | 424.80 | 419.40 | 5.40 | 1.28% | 6.15 | 5.99 |
9.8%
|
424.80 | 419.40 | 23.4 | ▼ Bear |
| 5 | HINDUNILVRTOP | 2174.60 | +1.38% | — | 2163.00 | 2139.00 | 24.00 | 1.12% | 25.40 | 31.83 |
24.6%
|
2163.00 | 2139.00 | 43.4 | — Neut |
| 6 | ASIANPAINTTOP | 2710.20 | +2.74% | — | 2657.10 | 2620.10 | 37.00 | 1.40% | 38.27 | 36.85 |
-0.4%
|
2657.10 | 2620.10 | 46.4 | ▲ Bull |
| 7 | NESTLEINDTOP | 1446.10 | +0.18% | — | 1467.80 | 1431.00 | 36.80 | 2.55% | 42.75 | 35.60 |
-3.4%
|
1467.80 | 1431.00 | 43.5 | ▲ Bull |
| 8 | MARUTITOP | 13730.00 | +2.14% | — | 13495.00 | 13197.00 | 298.00 | 2.22% | 296.50 | 272.00 |
-9.6%
|
13495.00 | 13197.00 | 33.9 | ▲ Bull |
| 9 | ITCTOP | 285.85 | +0.85% | — | 284.85 | 279.55 | 5.30 | 1.87% | 4.35 | 4.33 |
-22.4%
|
284.85 | 279.55 | 45.2 | — Neut |
| 10 | BRITANNIATOP | 5384.50 | +0.09% | — | 5450.00 | 5316.50 | 133.50 | 2.48% | 100.00 | 98.67 |
-35.3%
|
5450.00 | 5316.50 | 44.6 | ▲ 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.