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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 2024-04-22 View latest technical analysis

10 day averaged volume of Tax Free is 668

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	1161.99	1155.50	1163.00	1155.00	3.136 times
19 Fri Apr 2024	1158.30	1153.00	1162.00	1153.00	1.41 times
18 Thu Apr 2024	1145.00	1146.10	1146.10	1145.00	0.225 times
16 Tue Apr 2024	1156.05	1164.90	1164.90	1156.05	0.078 times
12 Fri Apr 2024	1163.78	1151.00	1164.00	1097.25	2.861 times
09 Tue Apr 2024	1155.00	1155.00	1155.00	1155.00	0.037 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	1.828 times
04 Thu Apr 2024	1160.88	1157.80	1160.99	1157.80	2.413 times
03 Wed Apr 2024	1157.00	1157.00	1157.00	1157.00	0.376 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1160.1, but if it comes below 1160.1, then a intra day sell could be more profitable.
If you take a sell trade below 1160.1, then use 1160.1 as stoploss and 1156.27 as target. However if you take a buy trade in stock , then use 1160.1 as stoploss and 1164.8 as target.

Share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Target	1097.25
Downside Target	1119.99
Downside Target	1155.00
Downside Target	1158.00
Downside Target	1159.00
Downside Target	1159.85
Downside Target	1160.99
Upside Target	1163.00
Upside Target	1164.00
Upside Target	1164.90

Intraday share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Intraday Target	1156.99
Downside Intraday Target	1152
Upside Intraday Target	1164.99
Upside Intraday Target	1168
Downside Intraday Target	1160

Weekly technical analysis of Tax Free (IRFC_NO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	1161.99	1155.50	1163.00	1155.00	1.831 times
19 Fri Apr 2024	1158.30	1164.90	1164.90	1145.00	0.586 times
12 Fri Apr 2024	1163.78	1157.25	1164.00	1097.25	0.389 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Tax Free (IRFC_NO)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	1161.99	1157.70	1164.90	1097.25	0.721 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 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_NO)

Price action analysis of Tax Free ( (IRFC_NO) ) based on a short 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 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 Strong and stock is losing momentum.

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

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 moving up

CCI has generated a buy signal for Tax Free in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 1160.54 and Tax Free (IRFC_NO) 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_NO) stock. Volume based technical analysis of Tax Free (IRFC_NO) 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.