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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 | ABBOTINDIA | 25635.00 | -1.95% | — | 26455.00 | 25555.00 | 900.00 | 3.51% | 637.50 | 650.83 |
-38.3%
|
26455.00 | 25555.00 | 45.7 | ▼ Bear |
| 102 | INDIAMART | 1490.00 | -3.51% | — | 1546.80 | 1465.40 | 81.40 | 5.47% | 61.98 | 58.82 |
-38.4%
|
1546.80 | 1465.40 | 31.6 | ▼ Bear |
| 103 | BANDHANBNK | 154.33 | -4.64% | — | 163.98 | 153.30 | 10.68 | 6.92% | 7.63 | 7.55 |
-41.5%
|
163.98 | 153.30 | 47.8 | ▼ Bear |
| 104 | NAVINFLUOR | 8719.00 | +5.55% | — | 8745.00 | 8242.00 | 503.00 | 5.79% | 392.25 | 345.25 |
-45.7%
|
8745.00 | 8242.00 | 56.3 | ▲ Bull |
| 105 | CHAMBLFERT | 353.80 | -3.25% | — | 367.95 | 350.00 | 17.95 | 5.07% | 11.30 | 12.22 |
-46.9%
|
367.95 | 350.00 | 34.5 | ▼ Bear |
| 106 | JKCEMENT | 4803.00 | -1.84% | — | 4916.50 | 4720.00 | 196.50 | 4.11% | 133.12 | 127.75 |
-53.8%
|
4916.50 | 4720.00 | 44.6 | ▼ Bear |
| 107 | POLYCAB | 7729.00 | -0.21% | — | 7950.00 | 7573.50 | 376.50 | 4.83% | 248.00 | 244.75 |
-53.8%
|
7950.00 | 7573.50 | 36.2 | ▼ Bear |
| 108 | FEDERALBNK | 347.75 | +0.51% | — | 349.15 | 337.95 | 11.20 | 3.30% | 6.17 | 7.17 |
-56.2%
|
349.15 | 337.95 | 58.3 | ▲ Bull |
| 109 | DALBHARAT | 1324.50 | -5.92% | — | 1405.80 | 1319.00 | 86.80 | 6.55% | 64.45 | 55.05 |
-57.7%
|
1405.80 | 1319.00 | 27.5 | ▼ Bear |
| 110 | DIXON | 11000.00 | -4.25% | — | 11513.00 | 10932.00 | 581.00 | 5.28% | 272.75 | 344.00 |
-68.9%
|
11513.00 | 10932.00 | 17.7 | ▼ Bear |
| 111 | MUTHOOTFIN | 2399.50 | -3.91% | — | 2506.00 | 2405.00 | 101.00 | 4.04% | 47.48 | 55.45 |
-82.1%
|
2506.00 | 2405.00 | 30.4 | ▼ Bear |
| 112 | COALINDIA | 389.00 | -1.04% | — | 398.05 | 380.40 | 17.65 | 4.54% | 8.40 | 9.22 |
-91.4%
|
398.05 | 380.40 | 33.0 | ▼ Bear |
| 113 | DEEPAKNTR | 1516.90 | +2.74% | — | 1615.00 | 1504.70 | 110.30 | 7.26% | 52.55 | 52.92 |
-108.4%
|
1615.00 | 1504.70 | 35.6 | ▼ Bear |
| 114 | INDIGO | 4675.00 | -0.32% | — | 4877.60 | 4635.40 | 242.20 | 4.97% | 97.40 | 106.18 |
-128.1%
|
4877.60 | 4635.40 | 52.7 | ▼ Bear |
| 115 | BALRAMCHIN | 588.95 | -7.28% | — | 638.90 | 585.40 | 53.50 | 9.08% | 19.70 | 22.90 |
-133.6%
|
638.90 | 585.40 | 29.6 | ▼ Bear |
| 116 | LAURUSLABS | 2405.50 | +7.20% | — | 2405.50 | 2206.10 | 199.40 | 8.29% | 82.03 | 77.90 |
-156.0%
|
2405.50 | 2206.10 | 77.6 | ▲ 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.