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(IRFC_NI) Tax Free complete technical analysis [charts+indicators] | Buy/Sell Tax Free | (IRFC_NI) share price targets

Complete technical analysis of Tax Free (IRFC_NI) by charts plus indicators, forecast predictions and share price targets for Tax Free (IRFC_NI)

10 day averaged volume of Tax Free is 440

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	1064.50	1052.11	1064.50	1052.11	0.914 times
02 Thu May 2024	1058.00	1058.00	1058.00	1058.00	1.798 times
30 Tue Apr 2024	1067.31	1067.40	1067.40	1067.31	0.091 times
29 Mon Apr 2024	1061.05	1040.12	1064.73	1040.12	5.043 times
26 Fri Apr 2024	1067.39	1067.40	1067.40	1067.39	0.03 times
25 Thu Apr 2024	1048.01	1048.01	1048.01	1048.01	0.186 times
24 Wed Apr 2024	1067.25	1067.35	1067.35	1067.25	0.057 times
22 Mon Apr 2024	1060.00	1055.10	1067.39	1055.10	2.452 times
19 Fri Apr 2024	1055.10	1056.10	1056.10	1055.10	0.091 times
18 Thu Apr 2024	1055.10	1055.10	1055.10	1055.10	0.18 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1065.6 as stoploss in an intra day sell trade for a target of 1059.87. However, stock will show a bullish move above 1065.6.

Share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Target	1030.00
Downside Target	1059.90
Downside Target	1059.99
Downside Target	1063.70
Downside Target	1064.50
Upside Target	1067.27
Upside Target	1067.30
Upside Target	1067.40

Intraday share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Intraday Target	1047.28
Downside Intraday Target	1030.06
Upside Intraday Target	1074.56
Upside Intraday Target	1084.62
Downside Intraday Target	1057.34

Weekly technical analysis of Tax Free (IRFC_NI)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1064.50	1040.12	1067.40	1040.12	2.879 times
26 Fri Apr 2024	1067.39	1055.10	1067.40	1048.01	8.156 times
19 Fri Apr 2024	1055.10	1067.27	1067.27	1055.10	1.986 times
03 Wed Apr 2024	1066.99	1050.10	1067.30	1050.10	7.4 times
27 Wed Mar 2024	1056.10	1056.10	1056.10	1056.10	0.022 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tax Free (IRFC_NI)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1064.50	1058.00	1064.50	1052.11	0.324 times
30 Tue Apr 2024	1067.31	1050.10	1067.40	1040.12	0.858 times
27 Wed Mar 2024	1056.10	1047.50	1063.70	1041.25	1.731 times
28 Wed Feb 2024	1058.99	1057.08	1059.99	1035.76	2.93 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Tax Free (IRFC_NI)

Price action analysis of Tax Free ( (IRFC_NI) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Tax Free ( (IRFC_NI) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Tax Free ( (IRFC_NI) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tax Free ( (IRFC_NI) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Tax Free stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Tax Free in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Tax Free Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Tax Free in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Tax Free is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1060.33 and Tax Free (IRFC_NI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Tax Free (IRFC_NI) stock. Volume based technical analysis of Tax Free (IRFC_NI) stock is negative.

Tax Free Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.