Daily Archives: December 4, 2017


Axis Bank bull & bear monthly cycle analysis 1

Axis Bank Big bear cycle:

There are 78%(one time), 61%(one time), 51%(two times), 43%(one times) and 33-34% big bear cycle in Axis bank.

Time cycle: From top the stock has bottomed within 14-15 months (2 times), 8-10 months(2 times), 3-4 months(3 times).

Now, from this we can deduce that when the stock is in bigger correction (big cycle) we can expect 50+% correction within 15 months. There are smaller corrections for 33-44% within 4 months.

Axisbank_withoutlog_bigbear_03Dec17Axisbank_withlog_bigbear_03Dec17

Axis Bank Big bull run:

There are 808%(one time), 477-487%(two time), 305-355%(three times), 74-97%(two times) big bull run in Axis bank.

Time cycle: From bottom the stock has topped within 19-22 months(5 times), 28 month(1 time), 16 month(1 time), and 8 month(1 time).

Now, from this we can deduce that when the stock is in bull run we can expect 74+% up move within 22 months.

Currently, if we consider the bull run from 18th January 2016( 366.75) the market has topped on 7th Sept 2016 with 74% up move and still the same bull run is continuing means the stock may top within March 2018 which will be 36 or 18 months from top to top.

However, November 2017 being 22 months from January 2016 which is usual bull run period for Axis bank, we may see a trend reversal from December 2017.

Axisbank_withoutlog_bigbull_03Dec17Axisbank_withlog_bigbull_03Dec17