Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2023-12-12 View latest technical analysis

10 day averaged volume of Tax Free is 79

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	1261.00	1261.00	1261.00	1261.00	0.127 times
02 Thu Nov 2023	1261.00	1261.00	1261.00	1261.00	0.013 times
01 Wed Nov 2023	1261.00	1261.00	1261.00	1261.00	0.203 times
15 Fri Sep 2023	1051.10	1051.10	1051.10	1051.10	0.127 times
14 Thu Sep 2023	1051.10	1051.10	1051.10	1051.10	0.127 times
07 Mon Aug 2023	1150.00	1150.00	1150.00	1150.00	0.127 times
20 Tue Jun 2023	1150.00	1150.00	1150.00	1150.00	2.532 times
24 Mon Apr 2023	1150.00	1150.00	1150.00	1150.00	0.481 times
09 Thu Feb 2023	1269.90	1076.50	1269.90	1076.50	0.025 times
02 Fri Dec 2022	1060.40	1060.30	1060.50	1060.30	2.532 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1206.4, but if it comes below 1206.4, then a intra day sell could be more profitable.
If you take a sell trade below 1206.4, then use 1206.4 as stoploss and 1124.72 as target. However if you take a buy trade in stock , then use 1206.4 as stoploss and 1304.4 as target.

Share price targets for Tax Free (IRFC_NL)

Target Type	Value
Downside Target	1051.10
Downside Target	1076.50
Downside Target	1150.00
Downside Target	1261.00
Upside Target	1269.90

Intraday share price targets for Tax Free (IRFC_NL)

Target Type	Value
Downside Intraday Target	1261
Downside Intraday Target	1261
Downside Intraday Target	1261
Downside Intraday Target	1261
Downside Intraday Target	1261

Weekly technical analysis of Tax Free (IRFC_NL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	1261.00	1261.00	1261.00	1261.00	0.588 times
02 Thu Nov 2023	1261.00	1261.00	1261.00	1261.00	0.567 times
15 Fri Sep 2023	1051.10	1150.00	1150.00	1051.10	0.126 times
20 Tue Jun 2023	1150.00	1150.00	1150.00	1150.00	119 times
09 Thu Feb 2023	1269.90	1076.50	1269.90	1076.50	0.004 times

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

Monthly technical analysis of Tax Free (IRFC_NL)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Dec 2023	1261.00	1261.00	1261.00	1261.00	0.588 times
02 Thu Nov 2023	1261.00	1261.00	1261.00	1261.00	0.85 times
15 Fri Sep 2023	1051.10	1051.10	1051.10	1051.10	2 times
07 Mon Aug 2023	1150.00	1150.00	1150.00	1150.00	0.05 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_NL)

Price action analysis of Tax Free ( (IRFC_NL) ) 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_NL) ) based on a short to mid 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_NL) ) 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 BUY. Signal strength is Strong and stock is gaining 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Tax Free in short term

RSI is generating a SELL signal in short term but selling is losing 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 1116.48 and Tax Free (IRFC_NL) 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_NL) stock. Volume based technical analysis of Tax Free (IRFC_NL) 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.