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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 506

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1150.89	1154.89	1154.89	1150.00	1.128 times
23 Tue Apr 2024	1148.07	1153.99	1153.99	1148.00	0.16 times
22 Mon Apr 2024	1150.99	1154.79	1154.79	1141.31	0.927 times
19 Fri Apr 2024	1146.94	1147.00	1153.60	1146.01	3.506 times
18 Thu Apr 2024	1147.00	1148.00	1148.00	1147.00	2.006 times
16 Tue Apr 2024	1146.01	1145.00	1146.02	1144.47	2.038 times
15 Mon Apr 2024	1145.00	1145.00	1145.00	1145.00	0.002 times
12 Fri Apr 2024	1150.00	1150.00	1150.00	1150.00	0.913 times
10 Wed Apr 2024	1154.44	1145.00	1154.44	1142.21	0.097 times
09 Tue Apr 2024	1154.00	1154.00	1154.00	1154.00	0.002 times

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 1151.5 as stoploss in an intra day sell trade for a target of 1147.98. However, stock will show a bullish move above 1151.5.

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1106.60
Downside Target	1144.47
Downside Target	1147.79
Downside Target	1149.90
Upside Target	1153.60
Upside Target	1154.44
Upside Target	1154.80
Upside Target	1154.89
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1143.17
Downside Intraday Target	1135.45
Upside Intraday Target	1156.75
Upside Intraday Target	1162.61
Downside Intraday Target	1149.03

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1150.89	1154.79	1154.89	1141.31	0.293 times
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

Price has moved up 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_NJ)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	1150.89	1154.80	1154.89	1141.15	1.427 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. 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.

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 stronger in this stock.

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 BUY signal in short term but buying is losing 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 1147.88 and Tax Free (IRFC_NJ) 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_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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.