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 | SAILTOP | 179.52 | -2.32% | NR7 | 182.43 | 178.65 | 3.78 | 2.11% | 5.60 | 5.67 |
33.3%
|
182.43 | 178.65 | 49.9 | — Neut |
| 2 | TATASTEELTOP | 182.58 | -1.84% | — | 184.24 | 180.79 | 3.45 | 1.89% | 4.90 | 5.39 |
36.0%
|
184.24 | 180.79 | 42.9 | ▼ Bear |
| 3 | BHARATFORGTOP | 1944.30 | -0.09% | — | 1947.90 | 1908.60 | 39.30 | 2.02% | 49.90 | 50.15 |
21.6%
|
1947.90 | 1908.60 | 39.0 | ▼ Bear |
| 4 | ADANIENTTOP | 3061.00 | -0.07% | — | 3065.00 | 2999.00 | 66.00 | 2.16% | 94.23 | 82.40 |
19.9%
|
3065.00 | 2999.00 | 54.0 | ▲ Bull |
| 5 | JSWSTEELTOP | 1268.40 | -2.05% | — | 1286.90 | 1265.40 | 21.50 | 1.70% | 23.70 | 26.07 |
17.5%
|
1286.90 | 1265.40 | 33.3 | — Neut |
| 6 | HINDALCOTOP | 985.50 | -2.40% | — | 992.80 | 973.10 | 19.70 | 2.00% | 18.90 | 18.63 |
-5.7%
|
992.80 | 973.10 | 25.4 | — Neut |
| 7 | NATIONALUMTOP | 362.20 | -2.63% | — | 365.00 | 352.35 | 12.65 | 3.49% | 12.10 | 10.42 |
-21.4%
|
365.00 | 352.35 | 26.4 | — Neut |
| 8 | VEDLTOP | 263.40 | -2.44% | — | 264.85 | 256.50 | 8.35 | 3.17% | 5.66 | 5.84 |
-43.0%
|
264.85 | 256.50 | 39.1 | ▼ Bear |
| 9 | JINDALSTELTOP | 1118.30 | -1.12% | — | 1122.00 | 1058.00 | 64.00 | 5.72% | 25.52 | 28.10 |
-127.8%
|
1122.00 | 1058.00 | 41.9 | — Neut |
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.