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 | HINDUNILVRTOP | 1858.20 | +2.34% | NR7 | 1865.50 | 1840.40 | 25.10 | 1.35% | 66.38 | 58.95 |
57.4%
|
1865.50 | 1840.40 | 51.6 | ▼ Bear |
| 2 | MARUTITOP | 11426.00 | -1.32% | NR7 | 11473.00 | 11342.00 | 131.00 | 1.15% | 249.00 | 246.17 |
46.8%
|
11473.00 | 11342.00 | 49.2 | ▼ Bear |
| 3 | NESTLEINDTOP | 1188.60 | +1.76% | NR7 | 1185.00 | 1165.00 | 20.00 | 1.71% | 25.70 | 28.28 |
29.3%
|
1185.00 | 1165.00 | 25.5 | ▼ Bear |
| 4 | DABURTOP | 367.15 | -0.77% | NR4 | 370.35 | 364.20 | 6.15 | 1.68% | 8.35 | 9.24 |
33.4%
|
370.35 | 364.20 | 36.5 | ▼ Bear |
| 5 | ITCTOP | 265.00 | +2.12% | — | 267.90 | 262.70 | 5.20 | 1.96% | 6.70 | 6.16 |
15.6%
|
267.90 | 262.70 | 49.4 | — Neut |
| 6 | COLPALTOP | 1596.50 | -2.04% | — | 1628.00 | 1581.10 | 46.90 | 2.94% | 42.88 | 55.10 |
14.9%
|
1628.00 | 1581.10 | 23.5 | ▼ Bear |
| 7 | UBLTOP | 1183.10 | -0.72% | — | 1208.00 | 1155.00 | 53.00 | 4.49% | 56.43 | 49.92 |
-6.2%
|
1208.00 | 1155.00 | 52.9 | ▼ Bear |
| 8 | BRITANNIATOP | 4655.00 | +1.92% | — | 4657.10 | 4550.00 | 107.10 | 2.31% | 88.17 | 90.43 |
-18.4%
|
4657.10 | 4550.00 | 37.9 | ▼ Bear |
| 9 | ASIANPAINTTOP | 2320.00 | +0.78% | — | 2348.00 | 2271.20 | 76.80 | 3.31% | 70.97 | 61.80 |
-24.3%
|
2348.00 | 2271.20 | 46.6 | ▼ Bear |
| 10 | GODREJCPTOP | 837.00 | +1.82% | — | 818.00 | 777.20 | 40.80 | 4.99% | 23.98 | 23.64 |
-72.6%
|
818.00 | 777.20 | 34.5 | ▼ 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.