Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-01 View latest technical analysis

10 day averaged volume of Tax Free is 66

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	1046.50	1057.08	1057.08	1035.76	10.621 times
31 Wed Jan 2024	1031.30	1031.30	1031.30	1031.30	0.303 times
30 Tue Jan 2024	1057.24	1057.30	1057.30	1057.19	0.303 times
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

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

My analysis of stock is bullish for shortterm, and stock might move up till 1051.4 or till 1061.2. Use a stoploss of 1043.29 and if this stock hits its stoploss, then it can fall down till 1035.15

Share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Target	1010.00
Upside Target	1049.59
Upside Target	1049.79
Upside Target	1049.90
Upside Target	1057.08
Upside Target	1057.30
Upside Target	1058.15
Upside Target	1059.90

Intraday share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Intraday Target	1032.77
Downside Intraday Target	1019.03
Upside Intraday Target	1058.77
Upside Intraday Target	1071.03
Downside Intraday Target	1045.03

Weekly technical analysis of Tax Free (IRFC_NI)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	1046.50	1057.30	1057.30	1031.30	1.467 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
01 Thu Feb 2024	1046.50	1057.08	1057.08	1035.76	0.83 times
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

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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Tax Free stock for short term is BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears 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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1048.07 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.