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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)

10 day averaged volume of Tax Free is 337

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	1147.00	1148.00	1148.00	1147.00	3.012 times
16 Tue Apr 2024	1146.01	1145.00	1146.02	1144.47	3.059 times
15 Mon Apr 2024	1145.00	1145.00	1145.00	1145.00	0.003 times
12 Fri Apr 2024	1150.00	1150.00	1150.00	1150.00	1.371 times
10 Wed Apr 2024	1154.44	1145.00	1154.44	1142.21	0.145 times
09 Tue Apr 2024	1154.00	1154.00	1154.00	1154.00	0.003 times
08 Mon Apr 2024	1144.00	1145.00	1145.00	1144.00	0.537 times
05 Fri Apr 2024	1143.02	1149.00	1149.00	1143.02	0.151 times
04 Thu Apr 2024	1149.99	1149.99	1149.99	1149.99	0.03 times
03 Wed Apr 2024	1143.85	1152.99	1152.99	1141.15	2.338 times

Stock of Tax Free (IRFC_NJ) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1143.4 or till 1138.9. Use a stoploss of 1147.06 and if the stock hits stoploss, then it can shoot up till 1150.77

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1106.60
Downside Target	1144.47
Upside Target	1147.79
Upside Target	1148.00
Upside Target	1149.90
Upside Target	1150.00
Upside Target	1154.44
Upside Target	1154.80
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1144.98
Downside Intraday Target	1142.96
Upside Intraday Target	1148.51
Upside Intraday Target	1150.02
Downside Intraday Target	1146.49

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	1147.00	1145.00	1148.00	1144.47	2.954 times
12 Fri Apr 2024	1150.00	1145.00	1154.44	1142.21	0.372 times
05 Fri Apr 2024	1143.02	1154.80	1154.80	1141.15	3.3 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

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_NJ)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	1147.00	1154.80	1154.80	1141.15	0.876 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Tax Free in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

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

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

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1146.31 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 falling down

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 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.