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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 2024-03-01 View latest technical analysis

10 day averaged volume of Tax Free is 455

Date Daily Closing Price Open High Low Volume
01 Fri Mar 2024 1138.11 1138.11 1138.11 1138.11 5.714 times
22 Thu Feb 2024 1140.98 1134.10 1145.00 1134.00 9.534 times
14 Wed Feb 2024 1128.10 1128.10 1128.10 1128.10 0.026 times
07 Wed Feb 2024 1135.00 1135.00 1135.00 1135.00 0.002 times
31 Wed Jan 2024 1119.00 1119.00 1119.00 1119.00 0.002 times
29 Mon Jan 2024 1122.00 1122.00 1122.00 1122.00 0.002 times
16 Tue Jan 2024 1122.00 1122.00 1122.00 1122.00 0.226 times
07 Thu Dec 2023 1050.10 1050.10 1050.10 1050.10 0.046 times
06 Wed Dec 2023 1050.01 1134.00 1134.00 1050.01 0.004 times
20 Mon Nov 2023 1170.00 1170.00 1170.00 1170.00 0.088 times

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

My analysis of stock is bearish for shortterm, and stock might move down till 1107.1 or till 1062.1. Use a stoploss of 1144.65 and if the stock hits stoploss, then it can shoot up till 1182.18

Share price targets for Tax Free (IRFC_NG)

Target Type Value
Downside Target 1050.01
Downside Target 1119.00
Downside Target 1135.00
Downside Target 1138.11
Upside Target 1145.00
Upside Target 1170.00

Intraday share price targets for Tax Free (IRFC_NG)

Target Type Value
Downside Intraday Target 1129.14
Downside Intraday Target 1120.17
Upside Intraday Target 1146.04
Upside Intraday Target 1153.97
Downside Intraday Target 1137.07

Weekly technical analysis of Tax Free (IRFC_NG)

Date Weekly Closing Price Open High Low Volume
01 Fri Mar 2024 1138.11 1128.10 1145.00 1128.10 6950 times
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

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_NG)

Date Monthly Closing Price Open High Low Volume
01 Fri Mar 2024 1138.11 1138.11 1138.11 1138.11 0.598 times
22 Thu Feb 2024 1140.98 1135.00 1145.00 1128.10 41.438 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

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_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 neutral. A longer time frame might give a better analysis.

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 gaining 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 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 coming down

CCI has generated a SELL signal for Tax Free in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 1139.5 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.

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 neutral. A longer time frame might give a better analysis.

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 gaining 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 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 coming down

CCI has generated a SELL signal for Tax Free in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 1139.5 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.

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Daily charts

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