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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 2024-03-06 View latest technical analysis

10 day averaged volume of Tax Free is 416

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	1148.50	1149.00	1149.00	1148.50	0.058 times
05 Tue Mar 2024	1142.01	1142.00	1142.01	1140.01	0.74 times
04 Mon Mar 2024	1142.00	1142.00	1142.00	1142.00	1.25 times
02 Sat Mar 2024	1155.00	1155.00	1155.00	1155.00	0.002 times
01 Fri Mar 2024	1140.00	1140.00	1140.00	1140.00	0.536 times
29 Thu Feb 2024	1141.00	1145.00	1145.00	1140.05	5.435 times
28 Wed Feb 2024	1140.00	1145.00	1145.00	1140.00	0.827 times
27 Tue Feb 2024	1145.99	1145.99	1145.99	1145.99	0.002 times
26 Mon Feb 2024	1140.00	1140.00	1140.00	1140.00	0.24 times
23 Fri Feb 2024	1137.00	1137.00	1137.00	1137.00	0.24 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1146.6, but if it comes below 1146.6, then a intra day sell could be more profitable.
If you take a sell trade below 1146.6, then use 1146.6 as stoploss and 1141.56 as target. However if you take a buy trade in stock , then use 1146.6 as stoploss and 1152.6 as target.

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	1143.39
Downside Target	1147.79
Upside Target	1149.00
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1142.67
Downside Intraday Target	1136.85
Upside Intraday Target	1151.66
Upside Intraday Target	1154.83
Downside Intraday Target	1145.84

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	1148.50	1142.00	1149.00	1140.01	0.291 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
06 Wed Mar 2024	1148.50	1140.00	1155.00	1140.00	0.122 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 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 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 Weak 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. Bears 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 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 1140.99 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 falling down

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.