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(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 2024-03-28 View latest technical analysis

10 day averaged volume of Tax Free is 31

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	1000.10	1000.10	1000.10	1000.10	4.839 times
04 Mon Mar 2024	1042.05	1042.05	1042.05	1042.05	0.323 times
18 Mon Dec 2023	1009.10	1009.10	1009.10	1009.10	0.032 times
12 Tue Dec 2023	1261.00	1261.00	1261.00	1261.00	0.323 times
02 Thu Nov 2023	1261.00	1261.00	1261.00	1261.00	0.032 times
01 Wed Nov 2023	1261.00	1261.00	1261.00	1261.00	0.516 times
15 Fri Sep 2023	1051.10	1051.10	1051.10	1051.10	0.323 times
14 Thu Sep 2023	1051.10	1051.10	1051.10	1051.10	0.323 times
07 Mon Aug 2023	1150.00	1150.00	1150.00	1150.00	0.323 times
20 Tue Jun 2023	1150.00	1150.00	1150.00	1150.00	6.452 times

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

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1021.8, but if it comes above 1021.8, then a intra day buy could be more profitable.
If you take a sell trade below 1021.8, then use 1021.8 as stoploss and 916.1 as target. However if you take a buy trade in stock , then use 1021.8 as stoploss and 1109.88 as target.

Share price targets for Tax Free (IRFC_NL)

Target Type	Value
Downside Target	1000.10
Upside Target	1042.05
Upside Target	1150.00
Upside Target	1261.00

Intraday share price targets for Tax Free (IRFC_NL)

Target Type	Value
Downside Intraday Target	986.12
Downside Intraday Target	972.13
Upside Intraday Target	1028.07
Upside Intraday Target	1056.03
Upside Intraday Target	1014.08

Weekly technical analysis of Tax Free (IRFC_NL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	1000.10	1042.05	1042.05	1000.10	160 times
18 Mon Dec 2023	1009.10	1009.10	1009.10	1009.10	0.1 times
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

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_NL)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	1000.10	1042.05	1042.05	1000.10	14.545 times
18 Mon Dec 2023	1009.10	1261.00	1261.00	1009.10	0.647 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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_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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Tax Free Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Tax Free in short term and SELL signal is strong!

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 1095.73 and Tax Free (IRFC_NL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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