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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 2024-02-07 View latest technical analysis

10 day averaged volume of Tax Free is 151

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1036.72	1036.72	1036.72	1036.72	0.007 times
05 Mon Feb 2024	1048.75	1048.75	1048.75	1048.75	0.669 times
02 Fri Feb 2024	1048.75	1046.50	1058.50	1046.50	0.364 times
01 Thu Feb 2024	1046.50	1057.08	1057.08	1035.76	4.642 times
31 Wed Jan 2024	1031.30	1031.30	1031.30	1031.30	0.132 times
30 Tue Jan 2024	1057.24	1057.30	1057.30	1057.19	0.132 times
24 Wed Jan 2024	1058.15	1035.00	1058.15	1035.00	0.51 times
23 Tue Jan 2024	1049.99	1035.00	1049.99	1035.00	2.834 times
19 Fri Jan 2024	1045.20	1045.20	1045.20	1045.20	0.662 times
18 Thu Jan 2024	1045.20	1059.90	1059.90	1045.20	0.02 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1035.7 as stoploss in an intra day buy trade for a target of 1043.87. However, stock will show a bearish move below 1035.7.

Share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Target	1010.00
Upside Target	1049.39
Upside Target	1049.59
Upside Target	1049.79
Upside Target	1049.90
Upside Target	1058.15
Upside Target	1058.50
Upside Target	1059.90

Intraday share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Intraday Target	1032.71
Downside Intraday Target	1028.7
Upside Intraday Target	1044.74
Upside Intraday Target	1052.76
Upside Intraday Target	1040.73

Weekly technical analysis of Tax Free (IRFC_NI)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	1036.72	1048.75	1048.75	1036.72	0.128 times
02 Fri Feb 2024	1048.75	1057.30	1058.50	1031.30	1.576 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

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
07 Wed Feb 2024	1036.72	1057.08	1058.50	1035.76	1.015 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 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 SELL signal for Tax Free in short term and the sell signal is strong.

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 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 1048.17 and Tax Free (IRFC_NI) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.