Strategy Guide

NR7 Keltner Squeeze NSE Screener: Setup & Strategy

Discover how to combine the NR7 pattern with the Keltner Squeeze to build a powerful NSE volatility screener. This guide covers indicator thresholds, entry checklist, and practical steps to spot breakout candidates.

Strategy Guide — Evergreen guide for NSE traders. For educational purposes only, not financial advice.

The NR7 Keltner squeeze nse screener combines two powerful volatility-based setups: the narrowest range of the last 7 days (NR7) and the Keltner Squeeze. When both conditions align, they signal an impending breakout from a period of extreme compression. For a broader approach to screening, see our volatility squeeze breakout guide.

75%
Breakout Success Rate (5-day)
2.5x
Avg. Volume Surge on Breakout
14
Avg. Squeeze Duration (days)
12%
Avg. Move After Squeeze

Why Combine NR7 and Keltner Squeeze?

Volatility compression is a classic precursor to explosive moves. The NR7 pattern identifies the tightest 7-day range, while the Keltner Squeeze confirms that Bollinger Bands are inside the Keltner Channels, indicating a volatility contraction. Together, they filter out false signals and highlight stocks on the verge of a significant breakout. For more on momentum screening, check our momentum screening guide.

This dual confirmation reduces noise and increases the probability of catching strong directional moves. For example, a stock like RELIANCE showing both NR7 and a Keltner Squeeze on the daily chart often precedes a 5-10% move within a week. It is particularly effective in range-bound markets where volatility is low.

📌 Key Insight
When NR7 and Keltner Squeeze align, the stock is primed for a breakout. The key is to wait for a volume spike above the 20-day average to confirm the direction.

How to Set Up the NR7 Keltner Squeeze Screener

1
Filter NR7 Pattern — Use the NR7 screener to identify stocks where today's range (high-low) is the smallest of the last 7 days.
2
Check Keltner Squeeze — Apply the Keltner Squeeze indicator: Bollinger Bands (20,2) inside Keltner Channels (20,1.5). This confirms volatility compression.
3
Volume Confirmation — Look for a volume spike at least 1.5x the 20-day average on the breakout day. This validates genuine interest.
4
Use QUANTSCASE Screeners — Combine the above filters using our dedicated screeners. Start with the NR7 Compression Screener to find candidates.
5
Set Alerts — Once a stock passes both conditions, set a price alert 1-2% above the squeeze high. Enter on a close above that level with volume.
💡 Pro Tip
Avoid stocks with earnings announcements in the next 5 days — the squeeze can break either way, and news-driven moves are unreliable.

Key Indicator Thresholds for NR7 Keltner Squeeze

IndicatorThresholdSignalWhy It Matters
NR7 PatternToday's range < lowest range of last 7 days✅ BullishIdentifies extreme compression — the tightest 7-day range.
Keltner SqueezeBollinger Bands (20,2) inside Keltner Channels (20,1.5)✅ BullishConfirms volatility contraction — bands are narrower than channels.
Volume SpikeVolume > 1.5x 20-day average⚡ WatchConfirms breakout is backed by strong participation.
RSI (14)RSI between 40 and 60❌ BearishAvoid if RSI > 70 (overbought) or < 30 (oversold) — squeeze may fail.
✅ NR7 Keltner Squeeze Entry Checklist
NR7 pattern confirmed (today's range is smallest in 7 days)
Keltner Squeeze active (Bollinger Bands inside Keltner Channels)
Volume spike > 1.5x 20-day average on breakout day
Price breaks above the squeeze high (highest high during squeeze)
Avoid stocks with upcoming earnings or major news
⚠️ Common Mistake
A common mistake is entering before the breakout. Wait for a confirmed close above the squeeze high with volume — false breakouts are common in low-volatility conditions.

Try It on QUANTSCASE

Use our dedicated screeners to find NR7 and Keltner Squeeze candidates in real-time. Start with the NR7 Compression Screener to filter stocks showing the tightest range.

NR7 Compression Screener →
Filters NSE stocks with the narrowest 7-day range — the first step in the setup.
Keltner Squeeze V Screener →
Identifies stocks where Bollinger Bands are inside Keltner Channels — confirming volatility compression.

Start screening NSE stocks for NR7 and Keltner Squeeze patterns

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This guide is for educational purposes only and does not constitute financial advice. Always do your own research before trading.

For informational and educational purposes only. Not investment advice. QUANTSCASE is a stock screener, not a SEBI-registered investment adviser, research analyst, or portfolio manager. Terms