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 | BRITANNIATOP | 5009.00 | +0.09% | NR4 | 5012.50 | 4945.00 | 67.50 | 1.35% | 100.25 | 89.83 |
24.9%
|
5012.50 | 4945.00 | 23.5 | ▼ Bear |
| 2 | COLPALTOP | 1797.00 | -0.21% | — | 1799.90 | 1782.10 | 17.80 | 0.99% | 28.03 | 28.95 |
38.5%
|
1799.90 | 1782.10 | 33.0 | ▼ Bear |
| 3 | UBLTOP | 1255.00 | +0.11% | — | 1263.50 | 1240.20 | 23.30 | 1.86% | 33.05 | 37.82 |
38.4%
|
1263.50 | 1240.20 | 22.1 | ▼ Bear |
| 4 | GODREJCPTOP | 865.35 | -0.32% | — | 872.60 | 859.00 | 13.60 | 1.57% | 15.85 | 18.46 |
26.3%
|
872.60 | 859.00 | 13.4 | ▼ Bear |
| 5 | HINDUNILVRTOP | 1934.90 | -0.15% | — | 1946.60 | 1926.20 | 20.40 | 1.05% | 26.98 | 26.78 |
23.8%
|
1946.60 | 1926.20 | 27.9 | ▼ Bear |
| 6 | DABURTOP | 376.00 | -0.12% | — | 377.00 | 372.10 | 4.90 | 1.30% | 6.90 | 6.27 |
21.9%
|
377.00 | 372.10 | 23.3 | ▼ Bear |
| 7 | MARUTITOP | 12432.00 | -1.33% | — | 12541.00 | 12381.00 | 160.00 | 1.29% | 180.50 | 182.17 |
12.2%
|
12541.00 | 12381.00 | 16.9 | ▼ Bear |
| 8 | ASIANPAINTTOP | 2467.70 | -0.57% | — | 2470.00 | 2442.80 | 27.20 | 1.10% | 28.65 | 29.60 |
8.1%
|
2470.00 | 2442.80 | 22.5 | ▼ Bear |
| 9 | ITCTOP | 261.45 | +0.83% | — | 261.65 | 257.70 | 3.95 | 1.51% | 3.58 | 3.86 |
-2.3%
|
261.65 | 257.70 | 39.8 | ▼ Bear |
| 10 | NESTLEINDTOP | 1381.50 | +0.28% | — | 1401.20 | 1373.50 | 27.70 | 2.01% | 19.20 | 18.57 |
-49.2%
|
1401.20 | 1373.50 | 28.7 | ▼ 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.