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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 2024-03-05 View latest technical analysis

10 day averaged volume of Tax Free is 280

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	1055.00	1055.00	1055.00	1055.00	2.354 times
04 Mon Mar 2024	1053.00	1047.50	1057.00	1047.50	2.618 times
02 Sat Mar 2024	1047.50	1047.50	1047.50	1047.50	1.607 times
28 Wed Feb 2024	1058.99	1059.90	1059.90	1058.99	0.014 times
26 Mon Feb 2024	1047.35	1047.35	1047.35	1047.35	1.414 times
23 Fri Feb 2024	1059.99	1059.99	1059.99	1059.99	0.893 times
20 Tue Feb 2024	1055.00	1054.50	1057.89	1054.05	1.457 times
19 Mon Feb 2024	1058.19	1047.01	1058.19	1047.01	1.814 times
15 Thu Feb 2024	1043.01	1043.01	1043.01	1043.01	0.007 times
14 Wed Feb 2024	1041.65	1041.65	1041.65	1041.65	0.164 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, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1056.9 as stoploss in an intra day sell trade for a target of 1048.72. However, stock will show a bullish move above 1056.9.

Share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Target	1030.00
Downside Target	1048.75
Downside Target	1049.79
Downside Target	1049.90
Upside Target	1057.00
Upside Target	1059.90
Upside Target	1059.99

Intraday share price targets for Tax Free (IRFC_NI)

Target Type	Value
Downside Intraday Target	1049.33
Downside Intraday Target	1043.67
Upside Intraday Target	1058.83
Upside Intraday Target	1062.67
Downside Intraday Target	1053.17

Weekly technical analysis of Tax Free (IRFC_NI)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	1055.00	1047.50	1057.00	1047.50	1.638 times
02 Sat Mar 2024	1047.50	1047.35	1059.90	1047.35	0.729 times
23 Fri Feb 2024	1059.99	1047.01	1059.99	1047.01	23.32 times
15 Thu Feb 2024	1043.01	1040.01	1043.01	1040.01	0.481 times
08 Thu Feb 2024	1037.40	1048.75	1048.75	1036.72	0.131 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
05 Tue Mar 2024	1055.00	1047.50	1057.00	1047.50	0.744 times
28 Wed Feb 2024	1058.99	1057.08	1059.99	1035.76	2.93 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

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 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 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 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 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 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1053.37 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.