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

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

Showing technical analysis as on 2024-01-24 View latest technical analysis

10 day averaged volume of Tax Free is 66

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	1058.15	1035.00	1058.15	1035.00	1.167 times
23 Tue Jan 2024	1049.99	1035.00	1049.99	1035.00	6.485 times
19 Fri Jan 2024	1045.20	1045.20	1045.20	1045.20	1.515 times
18 Thu Jan 2024	1045.20	1059.90	1059.90	1045.20	0.045 times
17 Wed Jan 2024	1044.25	1044.25	1044.25	1044.25	0.106 times
15 Mon Jan 2024	1033.00	1033.00	1033.00	1033.00	0.03 times
12 Fri Jan 2024	1049.39	1049.39	1049.39	1049.39	0.015 times
11 Thu Jan 2024	1049.59	1049.59	1049.59	1049.59	0.015 times
05 Fri Jan 2024	1049.79	1049.79	1049.79	1049.78	1.455 times
04 Thu Jan 2024	1047.00	1049.90	1049.90	1047.00	0.136 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1058.9, for a target of 1049.7 or 1041.94

Share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Target	1010.00
Downside Target	1049.59
Downside Target	1049.79
Downside Target	1049.90
Downside Target	1058.15
Upside Target	1059.90
Upside Target	1060.00
Upside Target	1109.99

Intraday share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Intraday Target	1042.72
Downside Intraday Target	1027.28
Upside Intraday Target	1065.87
Upside Intraday Target	1073.58
Downside Intraday Target	1050.43

Weekly technical analysis of Tax Free (IRFC_NI)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	1058.15	1035.00	1058.15	1035.00	4.509 times
19 Fri Jan 2024	1045.20	1033.00	1059.90	1033.00	56 times
12 Fri Jan 2024	1049.39	1049.59	1049.59	1049.39	0.011 times
05 Fri Jan 2024	1049.79	1030.00	1049.90	1030.00	0.142 times
29 Fri Dec 2023	1038.00	1038.50	1046.00	1034.00	93.786 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_NI)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	1058.15	1030.00	1059.90	1030.00	0.393 times
29 Fri Dec 2023	1038.00	1040.00	1049.90	1031.11	1.454 times
30 Thu Nov 2023	1040.00	1038.99	1049.79	1030.00	0.232 times
31 Tue Oct 2023	1038.99	1030.10	1047.70	1010.00	2.01 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_NI)

Price action analysis of Tax Free ( (IRFC_NI) ) 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_NI) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Tax Free ( (IRFC_NI) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Tax Free ( (IRFC_NI) ) based on a mid to longer 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.

ADX buy sell signal for Tax Free stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Tax Free in short term and the buy signal is strong.

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 green color and prices are above the green 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 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 1050.01 and Tax Free (IRFC_NI) 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_NI) stock. Volume based technical analysis of Tax Free (IRFC_NI) 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.