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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 2024-04-05 View latest technical analysis

10 day averaged volume of Tax Free is 286

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	1143.02	1149.00	1149.00	1143.02	0.178 times
04 Thu Apr 2024	1149.99	1149.99	1149.99	1149.99	0.035 times
03 Wed Apr 2024	1143.85	1152.99	1152.99	1141.15	2.755 times
02 Tue Apr 2024	1149.94	1145.10	1149.94	1144.00	2.783 times
01 Mon Apr 2024	1152.79	1154.80	1154.80	1152.79	0.755 times
28 Thu Mar 2024	1146.01	1145.12	1146.01	1145.12	0.388 times
27 Wed Mar 2024	1149.37	1143.01	1149.90	1143.01	0.045 times
26 Tue Mar 2024	1143.01	1145.00	1145.00	1142.00	1.538 times
22 Fri Mar 2024	1144.32	1147.90	1148.90	1142.05	1.105 times
21 Thu Mar 2024	1147.90	1147.90	1147.90	1147.90	0.003 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1143 as stoploss in an intra day buy trade for a target of 1145.97. However, stock will show a bearish move below 1143.

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1106.60
Downside Target	1142.01
Upside Target	1147.79
Upside Target	1149.00
Upside Target	1149.90
Upside Target	1150.00
Upside Target	1154.69
Upside Target	1154.80
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1137.85
Downside Intraday Target	1132.67
Upside Intraday Target	1151.5
Upside Intraday Target	1159.97
Upside Intraday Target	1146.32

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
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
22 Fri Mar 2024	1144.32	1143.10	1150.00	1142.01	0.485 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

Price has moved down 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
05 Fri Apr 2024	1143.02	1154.80	1154.80	1141.15	0.354 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 down 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 neutral. A longer time frame might give a better analysis.

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 losing 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. 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 but buying is losing 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 1146.36 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 negative.

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