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(IRFC_NJ) Tax Free complete technical analysis [charts+indicators] | Buy/Sell Tax Free | (IRFC_NJ) share price targets

Complete technical analysis of Tax Free (IRFC_NJ) by charts plus indicators, forecast predictions and share price targets for Tax Free (IRFC_NJ)

10 day averaged volume of Tax Free is 359

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	1146.94	1147.00	1153.60	1146.01	4.942 times
18 Thu Apr 2024	1147.00	1148.00	1148.00	1147.00	2.827 times
16 Tue Apr 2024	1146.01	1145.00	1146.02	1144.47	2.872 times
15 Mon Apr 2024	1145.00	1145.00	1145.00	1145.00	0.003 times
12 Fri Apr 2024	1150.00	1150.00	1150.00	1150.00	1.287 times
10 Wed Apr 2024	1154.44	1145.00	1154.44	1142.21	0.136 times
09 Tue Apr 2024	1154.00	1154.00	1154.00	1154.00	0.003 times
08 Mon Apr 2024	1144.00	1145.00	1145.00	1144.00	0.504 times
05 Fri Apr 2024	1143.02	1149.00	1149.00	1143.02	0.142 times
04 Thu Apr 2024	1149.99	1149.99	1149.99	1149.99	0.028 times

Stock of Tax Free (IRFC_NJ) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 1143.6 or till 1139.2. Use a stoploss of 1147.21 and if the stock hits stoploss, then it can shoot up till 1150.85

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1106.60
Downside Target	1144.47
Upside Target	1147.79
Upside Target	1149.90
Upside Target	1150.00
Upside Target	1153.60
Upside Target	1154.44
Upside Target	1154.80
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1143.07
Downside Intraday Target	1139.21
Upside Intraday Target	1152.2
Upside Intraday Target	1157.47
Upside Intraday Target	1148.34

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	1146.94	1145.00	1153.60	1144.47	5.514 times
12 Fri Apr 2024	1150.00	1145.00	1154.44	1142.21	0.372 times
05 Fri Apr 2024	1143.02	1154.80	1154.80	1141.15	3.3 times
28 Thu Mar 2024	1146.01	1145.00	1149.90	1142.00	0.492 times
22 Fri Mar 2024	1144.32	1143.10	1150.00	1142.01	0.485 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_NJ)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	1146.94	1154.80	1154.80	1141.15	1.213 times
28 Thu Mar 2024	1146.01	1140.00	1155.00	1140.00	0.595 times
29 Thu Feb 2024	1141.00	1131.00	1147.79	1127.00	1.254 times
31 Wed Jan 2024	1131.00	1134.50	1139.00	1122.01	0.616 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_NJ)

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

Price action analysis of Tax Free ( (IRFC_NJ) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Tax Free ( (IRFC_NJ) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Tax Free in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Tax Free in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 1146.98 and Tax Free (IRFC_NJ) 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_NJ) stock. Volume based technical analysis of Tax Free (IRFC_NJ) stock is negative.

Tax Free Stock is giving positive 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.