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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 2024-01-31 View latest technical analysis

10 day averaged volume of Tax Free is 74

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	1031.30	1031.30	1031.30	1031.30	0.27 times
30 Tue Jan 2024	1057.24	1057.30	1057.30	1057.19	0.27 times
24 Wed Jan 2024	1058.15	1035.00	1058.15	1035.00	1.041 times
23 Tue Jan 2024	1049.99	1035.00	1049.99	1035.00	5.784 times
19 Fri Jan 2024	1045.20	1045.20	1045.20	1045.20	1.351 times
18 Thu Jan 2024	1045.20	1059.90	1059.90	1045.20	0.041 times
17 Wed Jan 2024	1044.25	1044.25	1044.25	1044.25	0.095 times
15 Mon Jan 2024	1033.00	1033.00	1033.00	1033.00	0.027 times
12 Fri Jan 2024	1049.39	1049.39	1049.39	1049.39	0.014 times
11 Thu Jan 2024	1049.59	1049.59	1049.59	1049.59	0.014 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1034.2, but if it comes above 1034.2, then a intra day buy could be more profitable.
If you take a sell trade below 1034.2, then use 1034.2 as stoploss and 1024.1 as target. However if you take a buy trade in stock , then use 1034.2 as stoploss and 1042.61 as target.

Share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Target	1010.00
Upside Target	1049.79
Upside Target	1049.90
Upside Target	1057.30
Upside 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	1022.63
Downside Intraday Target	1013.97
Upside Intraday Target	1048.63
Upside Intraday Target	1065.97
Upside Intraday Target	1039.97

Weekly technical analysis of Tax Free (IRFC_NI)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	1031.30	1057.30	1057.30	1031.30	0.079 times
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

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_NI)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	1031.30	1030.00	1059.90	1030.00	0.413 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 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_NI)

Price action analysis of Tax Free ( (IRFC_NI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

MACD generated a BUY signal for Tax Free in short term but the buy 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 1049.73 and Tax Free (IRFC_NI) 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_NI) stock. Volume based technical analysis of Tax Free (IRFC_NI) 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.