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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 2024-04-09 View latest technical analysis

10 day averaged volume of Tax Free is 686

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1155.00	1155.00	1155.00	1155.00	0.036 times
08 Mon Apr 2024	1157.25	1157.25	1157.25	1157.25	0.022 times
05 Fri Apr 2024	1157.25	1150.05	1159.90	1150.05	1.78 times
04 Thu Apr 2024	1160.88	1157.80	1160.99	1157.80	2.35 times
03 Wed Apr 2024	1157.00	1157.00	1157.00	1157.00	0.366 times
02 Tue Apr 2024	1153.01	1152.55	1153.01	1152.50	0.729 times
01 Mon Apr 2024	1155.25	1157.70	1157.70	1155.25	2.077 times
28 Thu Mar 2024	1157.00	1155.00	1157.00	1153.00	2.332 times
27 Wed Mar 2024	1157.99	1152.31	1158.00	1152.31	0.082 times
26 Tue Mar 2024	1152.01	1152.01	1152.01	1152.01	0.255 times

My analysis of stock is bearish for shortterm, and stock might move down till 1152.7 or till 1149.7. Use a stoploss of 1155.27 and if the stock hits stoploss, then it can shoot up till 1157.81

Share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Target	1119.99
Downside Target	1155.00
Upside Target	1157.25
Upside Target	1158.00
Upside Target	1159.00
Upside Target	1159.85
Upside Target	1160.99

Intraday share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Intraday Target	1154.25
Downside Intraday Target	1153.5
Upside Intraday Target	1156.5
Upside Intraday Target	1158
Upside Intraday Target	1155.75

Weekly technical analysis of Tax Free (IRFC_NO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	1155.00	1157.25	1157.25	1155.00	0.008 times
05 Fri Apr 2024	1157.25	1157.70	1160.99	1150.05	2.736 times
28 Thu Mar 2024	1157.00	1152.01	1158.00	1152.01	0.364 times
22 Fri Mar 2024	1158.00	1152.10	1159.85	1152.00	1.199 times
15 Fri Mar 2024	1152.32	1152.00	1159.00	1150.01	1.88 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
09 Tue Apr 2024	1155.00	1157.70	1160.99	1150.05	0.357 times
28 Thu Mar 2024	1157.00	1146.25	1159.85	1145.20	0.749 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

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 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. Bulls are getting tired and bears are picking up momentum.

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 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 1157.18 and Tax Free (IRFC_NO) 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_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 negative.

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