Scrips where one fixed five-wave count became known on one of the last few daily bars. A description of a chart event, not a call.
As of 2026-11-06: 0 up readings · 3 down readings
| Symbol | Count | Signal date | Bars ago | Signal close | 1.5 ATR line | 2R line | Last close | % since signal | Sector |
|---|---|---|---|---|---|---|---|---|---|
| GBBL | Five-wave rise | 2026-11-06 | 0 | 411.70 | 420.75 | 393.60 | 411.70 | 0.00% | Development Banks |
| NBL | Five-wave rise | 2026-11-06 | 0 | 306.00 | 315.90 | 286.21 | 306.00 | 0.00% | Commercial Banks |
| SBL | Five-wave rise | 2026-11-06 | 0 | 436.50 | 450.60 | 408.31 | 436.50 | 0.00% | Commercial Banks |
Past test Hypothetical
25%reached the 2R line · random 23% · 594 settled cases
No demonstrated edge, descriptive only: likely 22 to 29%
Before 20 Apr 2026 25% (591) · from then too few (3)
Average price move, by sessions after the signal
This patternRandom
Live results Live
No cases yet, need 30 to judge
Past test Hypothetical
30%reached the 2R line · random 29% · 524 settled cases
No demonstrated edge, descriptive only: likely 26 to 34%
Before 20 Apr 2026 31% (487) · from then 16% (37)
Average move after 1.5% cost, by sessions held
This patternRandom
Live results Live
No cases yet, need 30 to judge
Pivots are swings with five bars on each side, each known five bars after it forms. Of two same-kind pivots in a row, the more extreme stays. A five-wave rise is six alternating pivots from a low where waves 1, 3 and 5 rise, waves 2 and 4 fall, wave 2 does not pass wave 1's start, the highs step up, wave 4 does not enter wave 1's range, and wave 3 is not the shortest. A five-wave fall is the mirror. Fibonacci ratios are not tested and no corrective wave is read.
The signal is the bar the last pivot becomes known. The textbook reads a correction after five waves, so a rise is a down reading and a fall an up reading.
Funds, debentures, promoter shares and the first year after a scrip's first candle are left out. The 1.5 ATR line is 1.5 times ATR(14) from the signal close, against the reading; the 2R line is 3 times ATR(14) from it, with the reading.
One mechanical count, chosen before any test. Elliott analysts would count many of these differently, so a poor record shows this count fails, not that Elliott fails.
No target, and no wave is labelled on a live chart.
NEPSE has no short selling, so a down reading is for people who hold the scrip, not a trade. The record reads no demonstrated edge, descriptive only, until the past test shows a clear one.