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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 2024-04-16 View latest technical analysis

10 day averaged volume of Tax Free is 256

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1146.01	1145.00	1146.02	1144.47	4.027 times
15 Mon Apr 2024	1145.00	1145.00	1145.00	1145.00	0.004 times
12 Fri Apr 2024	1150.00	1150.00	1150.00	1150.00	1.805 times
10 Wed Apr 2024	1154.44	1145.00	1154.44	1142.21	0.191 times
09 Tue Apr 2024	1154.00	1154.00	1154.00	1154.00	0.004 times
08 Mon Apr 2024	1144.00	1145.00	1145.00	1144.00	0.707 times
05 Fri Apr 2024	1143.02	1149.00	1149.00	1143.02	0.199 times
04 Thu Apr 2024	1149.99	1149.99	1149.99	1149.99	0.039 times
03 Wed Apr 2024	1143.85	1152.99	1152.99	1141.15	3.078 times
02 Tue Apr 2024	1149.94	1145.10	1149.94	1144.00	3.109 times

Stock of Tax Free (IRFC_NJ) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 1142.9 or till 1138.3. Use a stoploss of 1146.81 and if the stock hits stoploss, then it can shoot up till 1150.67

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1106.60
Downside Target	1144.47
Upside Target	1146.02
Upside Target	1147.79
Upside Target	1149.90
Upside Target	1150.00
Upside Target	1154.44
Upside Target	1154.80
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1144.98
Downside Intraday Target	1143.95
Upside Intraday Target	1146.53
Upside Intraday Target	1147.05
Downside Intraday Target	1145.5

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	1146.01	1145.00	1146.02	1144.47	1.489 times
12 Fri Apr 2024	1150.00	1145.00	1154.44	1142.21	0.372 times
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

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
16 Tue Apr 2024	1146.01	1154.80	1154.80	1141.15	0.683 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 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 SELL. 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 moving up

CCI has generated a buy signal for Tax Free in short term but BUY signal is weak.

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 1146.96 and Tax Free (IRFC_NJ) stock is trading below this level. This means that stock is falling with high volumes. 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 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.