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

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

Showing technical analysis as on 2024-02-07 View latest technical analysis

10 day averaged volume of Tax Free is 345

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1135.00	1135.00	1135.00	1135.00	0.003 times
31 Wed Jan 2024	1119.00	1119.00	1119.00	1119.00	0.003 times
29 Mon Jan 2024	1122.00	1122.00	1122.00	1122.00	0.003 times
16 Tue Jan 2024	1122.00	1122.00	1122.00	1122.00	0.299 times
07 Thu Dec 2023	1050.10	1050.10	1050.10	1050.10	0.061 times
06 Wed Dec 2023	1050.01	1134.00	1134.00	1050.01	0.006 times
20 Mon Nov 2023	1170.00	1170.00	1170.00	1170.00	0.116 times
18 Wed Oct 2023	1170.00	1170.00	1170.00	1170.00	0.101 times
17 Tue Oct 2023	1170.00	1170.00	1170.00	1170.00	0.29 times
22 Fri Sep 2023	1170.00	1170.00	1170.00	1170.00	8.687 times

My analysis of stock is bearish for shortterm, and stock might move down till 1110.6 or till 1063.6. Use a stoploss of 1149.71 and if the stock hits stoploss, then it can shoot up till 1188.84

Share price targets for Tax Free (IRFC_NG)

Target Type	Value
Downside Target	1050.01
Downside Target	1119.00
Downside Target	1135.00
Upside Target	1170.00

Intraday share price targets for Tax Free (IRFC_NG)

Target Type	Value
Downside Intraday Target	1135
Downside Intraday Target	1135
Downside Intraday Target	1135
Downside Intraday Target	1135
Downside Intraday Target	1135

Weekly technical analysis of Tax Free (IRFC_NG)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1135.00	1135.00	1135.00	1135.00	0.5 times
31 Wed Jan 2024	1119.00	1122.00	1122.00	1119.00	0.019 times
16 Tue Jan 2024	1122.00	1122.00	1122.00	1122.00	1.635 times
07 Thu Dec 2023	1050.10	1170.00	1170.00	1050.01	0.467 times
18 Wed Oct 2023	1170.00	1170.00	1170.00	1170.00	0.043 times

Price has moved up 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_NG)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1135.00	1135.00	1135.00	1135.00	0.01 times
31 Wed Jan 2024	1119.00	1122.00	1122.00	1119.00	4.565 times
07 Thu Dec 2023	1050.10	1134.00	1134.00	1050.01	0.575 times
20 Mon Nov 2023	1170.00	1170.00	1170.00	1170.00	0.296 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_NG)

Price action analysis of Tax Free ( (IRFC_NG) ) 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_NG) ) 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_NG) ) based on a short to mid 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_NG) ) 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 losing momentum.

MACD generated a BUY signal for Tax Free in short term but the buy 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 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 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 SELL signal in short term and selling is picking up 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 1167.63 and Tax Free (IRFC_NG) 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_NG) stock. Volume based technical analysis of Tax Free (IRFC_NG) 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.