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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)

10 day averaged volume of Tax Free is 221

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 1152.00 1152.00 1152.00 1152.00 0.919 times
15 Thu Apr 2021 1151.69 1166.80 1166.90 1138.50 3.81 times
13 Tue Apr 2021 1141.10 1167.00 1167.00 1141.10 0.312 times
12 Mon Apr 2021 1155.56 1160.00 1160.00 1154.98 0.317 times
08 Thu Apr 2021 1155.00 1148.99 1155.00 1148.99 0.679 times
07 Wed Apr 2021 1126.01 1126.01 1126.01 1126.01 0.009 times
06 Tue Apr 2021 1152.50 1149.70 1152.50 1149.70 0.452 times
05 Mon Apr 2021 1150.00 1148.50 1150.00 1148.50 2.421 times
01 Thu Apr 2021 1150.00 1140.00 1150.00 1140.00 1.629 times
31 Wed Mar 2021 1130.00 1126.00 1130.00 1126.00 0.181 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1149.5, but if it comes below 1149.5, then a intra day sell could be more profitable.
If you take a sell trade below 1149.5, then use 1149.5 as stoploss and 1137.16 as target. However if you take a buy trade in stock , then use 1149.5 as stoploss and 1164.3 as target.

Share price targets for Tax Free (IRFC_NI)

Target Type Value
Downside Target 1114.00
Downside Target 1138.50
Downside Target 1141.00
Downside Target 1149.99
Downside Target 1150.00
Upside Target 1155.00
Upside Target 1158.60
Upside Target 1167.00
Upside Target 1367.00

Intraday share price targets for Tax Free (IRFC_NI)

Target Type Value
Downside Intraday Target 1138
Downside Intraday Target 1124
Upside Intraday Target 1166.5
Upside Intraday Target 1181
Upside Intraday Target 1152.5

Weekly technical analysis of Tax Free (IRFC_NI)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 1152.00 1160.00 1167.00 1138.50 1.504 times
08 Thu Apr 2021 1155.00 1148.50 1155.00 1126.01 1.797 times
01 Thu Apr 2021 1150.00 1125.01 1150.00 1125.01 0.212 times
18 Thu Mar 2021 1134.99 1121.00 1135.00 1121.00 3.385 times
12 Fri Mar 2021 1135.00 1119.01 1135.00 1119.01 1.451 times

Price has moved down 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
16 Fri Apr 2021 1152.00 1140.00 1167.00 1126.01 0.733 times
31 Wed Mar 2021 1130.00 1130.00 1141.00 1115.00 1.777 times
19 Fri Feb 2021 1135.00 1135.90 1149.99 1114.00 0.534 times
28 Thu Jan 2021 1135.99 1115.15 1158.60 1115.15 1.881 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)

Indicator Name Indicator Value Indicator Signal
ADX 37, 29, 12 Buy
MACD 8, 6Buy
Stochastics 57None
CCI 46Sell
RSI 48Sell
OBV -134Sell
VWAP 1151Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Tax Free ( (IRFC_NI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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. Bulls are getting tired and bears are picking up momentum.

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 SELL signal for Tax Free in short term but SELL signal is weak.

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

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 1150.74 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.

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Daily charts

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Daily chart
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