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 | DIVISLABTOP | 9344.00 | -0.75% | NR4 | 9415.00 | 9310.50 | 104.50 | 1.12% | 238.25 | 203.33 |
48.6%
|
9415.00 | 9310.50 | 69.2 | ▲ Bull |
| 2 | AUROPHARMATOP | 1675.80 | +0.59% | NR4 | 1681.40 | 1655.50 | 25.90 | 1.55% | 34.05 | 35.85 |
27.8%
|
1681.40 | 1655.50 | 61.6 | ▲ Bull |
| 3 | SUNPHARMATOP | 1840.90 | -0.49% | — | 1854.50 | 1834.00 | 20.50 | 1.11% | 28.00 | 26.35 |
22.2%
|
1854.50 | 1834.00 | 37.2 | ▼ Bear |
| 4 | GLENMARKTOP | 2425.00 | +0.91% | — | 2431.90 | 2384.10 | 47.80 | 1.97% | 59.60 | 53.18 |
10.1%
|
2431.90 | 2384.10 | 55.1 | ▲ Bull |
| 5 | ZYDUSLIFETOP | 1122.30 | +0.34% | — | 1135.50 | 1104.60 | 30.90 | 2.75% | 33.58 | 31.27 |
1.2%
|
1135.50 | 1104.60 | 53.7 | — Neut |
| 6 | CIPLATOP | 1356.90 | -1.24% | — | 1373.00 | 1347.70 | 25.30 | 1.86% | 20.65 | 22.03 |
-14.8%
|
1373.00 | 1347.70 | 28.9 | ▼ Bear |
| 7 | LUPINTOP | 2094.90 | +1.01% | — | 2108.50 | 2058.00 | 50.50 | 2.41% | 32.30 | 34.08 |
-48.2%
|
2108.50 | 2058.00 | 28.7 | ▼ Bear |
| 8 | DRREDDYTOP | 1173.00 | +2.80% | — | 1182.00 | 1130.00 | 52.00 | 4.43% | 14.70 | 13.98 |
-272.0%
|
1182.00 | 1130.00 | 43.8 | — 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.