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

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

Showing technical analysis as on 2024-04-02 View latest technical analysis

10 day averaged volume of Tax Free is 269

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	1149.94	1145.10	1149.94	1144.00	2.959 times
01 Mon Apr 2024	1152.79	1154.80	1154.80	1152.79	0.803 times
28 Thu Mar 2024	1146.01	1145.12	1146.01	1145.12	0.413 times
27 Wed Mar 2024	1149.37	1143.01	1149.90	1143.01	0.048 times
26 Tue Mar 2024	1143.01	1145.00	1145.00	1142.00	1.636 times
22 Fri Mar 2024	1144.32	1147.90	1148.90	1142.05	1.175 times
21 Thu Mar 2024	1147.90	1147.90	1147.90	1147.90	0.004 times
20 Wed Mar 2024	1144.51	1144.26	1144.51	1144.26	0.636 times
19 Tue Mar 2024	1142.01	1142.02	1142.02	1142.01	1.487 times
18 Mon Mar 2024	1144.01	1143.10	1150.00	1143.10	0.963 times

Stock of Tax Free (IRFC_NJ) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1149.7, but if it comes below 1149.7, then a intra day sell could be more profitable.
If you take a sell trade below 1149.7, then use 1149.7 as stoploss and 1146.07 as target. However if you take a buy trade in stock , then use 1149.7 as stoploss and 1154 as target.

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1106.60
Downside Target	1144.00
Downside Target	1147.79
Downside Target	1149.00
Downside Target	1149.90
Upside Target	1150.00
Upside Target	1154.69
Upside Target	1154.80
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1144.36
Downside Intraday Target	1138.78
Upside Intraday Target	1155.16
Upside Intraday Target	1160.38
Downside Intraday Target	1149.58

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	1149.94	1154.80	1154.80	1144.00	1.794 times
28 Thu Mar 2024	1146.01	1145.00	1149.90	1142.00	0.492 times
22 Fri Mar 2024	1144.32	1143.10	1150.00	1142.01	0.485 times
15 Fri Mar 2024	1142.10	1144.00	1154.69	1140.00	2.479 times
07 Thu Mar 2024	1144.00	1142.00	1149.00	1140.01	0.326 times

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

Monthly technical analysis of Tax Free (IRFC_NJ)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	1149.94	1154.80	1154.80	1144.00	0.193 times
28 Thu Mar 2024	1146.01	1140.00	1155.00	1140.00	0.595 times
29 Thu Feb 2024	1141.00	1131.00	1147.79	1127.00	1.254 times
31 Wed Jan 2024	1131.00	1134.50	1139.00	1122.01	0.616 times

Scroll below to view daily charts

Price has moved up 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_NJ)

Price action analysis of Tax Free ( (IRFC_NJ) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tax Free ( (IRFC_NJ) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tax Free ( (IRFC_NJ) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tax Free ( (IRFC_NJ) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Tax Free stock for short term is BUY. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Tax Free in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1146.16 and Tax Free (IRFC_NJ) 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_NJ) stock. Volume based technical analysis of Tax Free (IRFC_NJ) stock is negative.

Tax Free Stock is giving positive 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.