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

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

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Tax Free is 971

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	1145.20	1147.51	1147.51	1145.20	0.238 times
01 Fri Mar 2024	1153.90	1146.25	1153.99	1146.25	0.88 times
29 Thu Feb 2024	1148.29	1152.00	1152.00	1147.61	1.132 times
27 Tue Feb 2024	1152.50	1151.99	1152.50	1151.99	0.154 times
26 Mon Feb 2024	1157.78	1150.00	1157.78	1145.65	1.083 times
23 Fri Feb 2024	1150.00	1150.10	1150.10	1150.00	2.266 times
22 Thu Feb 2024	1159.00	1154.00	1159.00	1152.50	0.134 times
21 Wed Feb 2024	1156.95	1142.01	1156.95	1142.01	1.754 times
20 Tue Feb 2024	1153.90	1153.90	1153.90	1153.90	0.103 times
19 Mon Feb 2024	1153.90	1149.00	1154.00	1149.00	0.646 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1144.2 as stoploss in an intra day buy trade for a target of 1149.33. However, stock will show a bearish move below 1144.2.

Share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Target	1119.99
Upside Target	1147.00
Upside Target	1147.51
Upside Target	1149.99
Upside Target	1150.00
Upside Target	1153.99
Upside Target	1154.00
Upside Target	1157.78
Upside Target	1159.00

Intraday share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Intraday Target	1144.43
Downside Intraday Target	1143.66
Upside Intraday Target	1146.74
Upside Intraday Target	1148.28
Upside Intraday Target	1145.97

Weekly technical analysis of Tax Free (IRFC_NO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	1145.20	1147.51	1147.51	1145.20	0.073 times
01 Fri Mar 2024	1153.90	1150.00	1157.78	1145.65	0.663 times
23 Fri Feb 2024	1150.00	1149.00	1159.00	1142.01	0.828 times
16 Fri Feb 2024	1149.48	1147.40	1150.00	1141.70	1.249 times
09 Fri Feb 2024	1147.00	1140.35	1149.99	1140.25	0.934 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_NO)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	1145.20	1146.25	1153.99	1145.20	0.058 times
29 Thu Feb 2024	1148.29	1141.10	1159.00	1140.25	0.839 times
31 Wed Jan 2024	1140.59	1136.00	1154.00	1132.10	1.121 times
29 Fri Dec 2023	1136.00	1138.00	1147.00	1119.99	1.467 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_NO)

Price action analysis of Tax Free ( (IRFC_NO) ) 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_NO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tax Free ( (IRFC_NO) ) 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_NO) ) 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 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 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 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 1153.04 and Tax Free (IRFC_NO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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