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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 2024-03-05 View latest technical analysis

10 day averaged volume of Tax Free is 385

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	1142.01	1142.00	1142.01	1140.01	0.8 times
04 Mon Mar 2024	1142.00	1142.00	1142.00	1142.00	1.351 times
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	0.579 times
29 Thu Feb 2024	1141.00	1145.00	1145.00	1140.05	5.873 times
28 Wed Feb 2024	1140.00	1145.00	1145.00	1140.00	0.894 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	0.26 times
23 Fri Feb 2024	1137.00	1137.00	1137.00	1137.00	0.26 times
22 Thu Feb 2024	1142.00	1144.90	1144.90	1142.00	0.779 times

My analysis of stock is bullish for shortterm, and stock might move up till 1145.8 or till 1151.6. Use a stoploss of 1141.03 and if this stock hits its stoploss, then it can fall down till 1136.23

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1105.01
Downside Target	1140.00
Downside Target	1140.01
Downside Target	1142.01
Upside Target	1143.39
Upside Target	1147.79
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1140.68
Downside Intraday Target	1139.34
Upside Intraday Target	1142.68
Upside Intraday Target	1143.34
Downside Intraday Target	1141.34

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	1142.01	1142.00	1142.01	1140.01	0.283 times
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

Price has moved down 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
05 Tue Mar 2024	1142.01	1140.00	1155.00	1140.00	0.119 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 SELL. Signal strength is Weak and stock is gaining 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. Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Tax Free in short term and SELL 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

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 1141.02 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 has given negative 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.