zylog systems share technical analysis report
zylog systems daily chart analysis
zylog systems share on last session closed with loss at 57 and at fresh new 52 weeks low.on dialy chart stock trending down with lower circuits and almost daily negative closing.
trading below all short term averages with weak momentum and dried up volume.on daily chart we can see that in oct 2012 stock was 300 rupee stock and now in dec it is just only 50-60 rupee left.so in 2 months time period price lost 80-85%.
if any reversal comes on value buying then first upside target will be 85.
zylog systems weekly chart analysis
zylog systems on weekly chart showing sharp cut with panic selling or news based selling?stock tumbled after jun-jul after making life time high at 334.now trading way below all medium to long term averages.
all major average are in range of 150-170 and cmp is 57,that shows how sharp fall was.on weekly chart stock at new low.
if any reversal comes then medium term target will be in range of 110-120.if fall continues then below 55 next long term demand support is 28.
below 28 stock become dead stock or may turn into penny stock.upcoming days price action is decided on how fundamental news flow comes.
zylog systems monthly chart analysis
zylog systems share on monthly chart shows sharp cut and in last 6 month remain negative while last 3 months lost 85% market cap.
in 2008 crash stock hit low of 13.9 and that was historical low also.after that in 2 years time frame we seen 10 time return from stock and hit new high of 144 in 2010.
while new bull market stuck at beginning of 2012 after making lows near 100 and stock touched all time /life time high of 334 in oct 2012.monthly chart still expecting fall here may show levels of 30-40 in upcoming months.
if any reversal comes stock ahs technical long term target at 150 on price action.
zylog systems historical chart analysis
zylog systems on historical chart show start at 119 in 2007 then all time low of 13.9 in 2009 start.all time high of 334 in jul 2012 and now at 2008 price range.
zylog systems performance chart analysis
zylog systems in 2012 showing cuts of 43% while sensex and nifty showing gains of 24-25% till date.means stock is under performing by 68% to date as compared to return from index.
in jul stock was outperformer with 230% return while that time sensex and nifty just given 18-20% return so clear winner.but as fall triggered,panic and selling making new lows day by day.
zylog systems share technical analysis dec 2012
on basis of fundamental ratio numbers stock is very cheap at cmp.left with 187 cr market cap with PE of 1.2 and PB of 0.2.
here keep watch and if slip below 55 then expect levels near 30-40 and in consolidation phase near that level investors can buy and accumulate with high risk and high return type investment for long term target of 150.
if any in between reversal comes then then 85 is short term target while 115-120 is medium term target.