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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 2024-03-19 View latest technical analysis

10 day averaged volume of Tax Free is 358

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	1142.01	1142.02	1142.02	1142.01	1.117 times
18 Mon Mar 2024	1144.01	1143.10	1150.00	1143.10	0.723 times
15 Fri Mar 2024	1142.10	1141.00	1154.69	1141.00	2.123 times
14 Thu Mar 2024	1147.00	1145.00	1147.00	1145.00	0.101 times
13 Wed Mar 2024	1145.00	1145.00	1145.00	1145.00	0.053 times
12 Tue Mar 2024	1148.00	1149.90	1150.00	1140.00	3.567 times
11 Mon Mar 2024	1144.00	1144.00	1144.10	1144.00	0.763 times
07 Thu Mar 2024	1144.00	1148.50	1148.50	1144.00	0.285 times
06 Wed Mar 2024	1148.50	1149.00	1149.00	1148.50	0.067 times
05 Tue Mar 2024	1142.01	1142.00	1142.01	1140.01	0.86 times

My analysis of stock is bearish for shortterm, and stock might move down till 1139.9 or till 1135.3. Use a stoploss of 1143.73 and if the stock hits stoploss, then it can shoot up till 1147.58

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1105.01
Downside Target	1140.01
Downside Target	1142.01
Upside Target	1147.79
Upside Target	1149.00
Upside Target	1150.00
Upside Target	1154.69
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1139.35
Downside Intraday Target	1136.68
Upside Intraday Target	1147.34
Upside Intraday Target	1152.66
Upside Intraday Target	1144.67

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	1142.01	1143.10	1150.00	1142.01	0.279 times
15 Fri Mar 2024	1142.10	1144.00	1154.69	1140.00	2.479 times
07 Thu Mar 2024	1144.00	1142.00	1149.00	1140.01	0.326 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

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
19 Tue Mar 2024	1142.01	1140.00	1155.00	1140.00	0.476 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing momentum.

MACD generated a SELL signal for Tax Free in short term but the sell signal is initial and weak.

Tax Free Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down

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 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 1144.72 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 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.