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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)

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Tax Free is 356

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	1155.00	1155.00	1155.00	1155.00	0.003 times
01 Fri Mar 2024	1140.00	1140.00	1140.00	1140.00	0.626 times
29 Thu Feb 2024	1141.00	1145.00	1145.00	1140.05	6.351 times
28 Wed Feb 2024	1140.00	1145.00	1145.00	1140.00	0.966 times
27 Tue Feb 2024	1145.99	1145.99	1145.99	1145.99	0.003 times
26 Mon Feb 2024	1140.00	1140.00	1140.00	1140.00	0.281 times
23 Fri Feb 2024	1137.00	1137.00	1137.00	1137.00	0.281 times
22 Thu Feb 2024	1142.00	1144.90	1144.90	1142.00	0.843 times
21 Wed Feb 2024	1144.90	1144.90	1144.90	1144.90	0.003 times
20 Tue Feb 2024	1147.79	1144.90	1147.79	1144.90	0.006 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1151.9, for a target of 1145.5 or 1140.12

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1105.01
Downside Target	1139.00
Downside Target	1140.00
Downside Target	1143.39
Downside Target	1147.79
Downside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1145
Downside Intraday Target	1135
Upside Intraday Target	1160
Upside Intraday Target	1165
Downside Intraday Target	1150

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	1155.00	1140.00	1155.00	1140.00	4.673 times
23 Fri Feb 2024	1137.00	1143.35	1147.79	1137.00	0.629 times
16 Fri Feb 2024	1143.23	1134.50	1143.39	1131.15	0.372 times
09 Fri Feb 2024	1137.79	1130.00	1140.00	1130.00	1.309 times
02 Fri Feb 2024	1127.62	1135.00	1135.00	1127.00	0.932 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_NJ)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	1155.00	1140.00	1155.00	1140.00	0.025 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
29 Fri Dec 2023	1123.00	1120.00	1137.00	1106.60	1.283 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 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 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 Strong 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 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 and the buying is gaining 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 1140.78 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.