Posted On: September 22, 2023

Stock Report: TARC(NSE) 21 Sep 2023

Outlook: Bearish

Sector: Real Estate

Industry: Real Estate – Development

TARC Ltd operates in the real estate industry. The company is engaged in the business of developing and constructing information and technology parks, hospitality projects, special economic zones, office complexes, shopping malls and residential projects in the State of Delhi, Haryana, Rajasthan and the National Capital Region.

#xCalData predicts that # TARC will continue its bearish phase over the next five days and trend within the range of 81 to 89. 

In comparison to the previous month, the price of the stock has experienced a decline of 3.9% indicating a bearish. 

The Stock has doubled once since 03 Feb 2021 and took an average of 0.4 years to double.

The stock has not shown seasonality trend in the past. 

Reviewing the returns for the past 2 years for the same week, we see the stock has given negative returns in 1 years in the past. 

Majority of the technical ratios trend towards Bearish side of the spectrum. Only some of the technical indicators namely Relative Strength indicate Bullish view. 

Collectively, xCalData suggests the stock would be in Bearish zone for next 5 days. 

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