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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)

10 day averaged volume of Tax Free is 629

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	1147.02	1147.02	1147.02	1147.02	0.064 times
02 Thu May 2024	1153.94	1146.01	1153.94	1146.01	0.951 times
30 Tue Apr 2024	1153.71	1146.00	1153.78	1146.00	1.442 times
29 Mon Apr 2024	1154.00	1148.00	1155.00	1145.00	1.121 times
26 Fri Apr 2024	1152.90	1152.90	1152.90	1152.90	0.002 times
25 Thu Apr 2024	1152.99	1152.99	1152.99	1152.99	0.27 times
24 Wed Apr 2024	1150.89	1154.89	1154.89	1150.00	0.908 times
23 Tue Apr 2024	1148.07	1153.99	1153.99	1148.00	0.129 times
22 Mon Apr 2024	1150.99	1154.79	1154.79	1141.31	0.746 times
19 Fri Apr 2024	1146.94	1147.00	1153.60	1146.01	2.82 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 1145.6 as stoploss in an intra day buy trade for a target of 1149.44. However, stock will show a bearish move below 1145.6.

Share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Target	1122.01
Upside Target	1147.79
Upside Target	1153.60
Upside Target	1153.94
Upside Target	1154.44
Upside Target	1154.80
Upside Target	1154.89
Upside Target	1155.00

Intraday share price targets for Tax Free (IRFC_NJ)

Target Type	Value
Downside Intraday Target	1143.01
Downside Intraday Target	1139.01
Upside Intraday Target	1153.01
Upside Intraday Target	1159.01
Upside Intraday Target	1149.01

Weekly technical analysis of Tax Free (IRFC_NJ)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	1147.02	1148.00	1155.00	1145.00	1.741 times
26 Fri Apr 2024	1152.90	1154.79	1154.89	1141.31	0.338 times
19 Fri Apr 2024	1146.94	1145.00	1153.60	1144.47	5.514 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

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
03 Fri May 2024	1147.02	1146.01	1153.94	1146.01	0.069 times
30 Tue Apr 2024	1153.71	1154.80	1155.00	1141.15	1.766 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

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 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 neutral. A longer time frame might give a better analysis.

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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term and selling is picking up 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 1150.81 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.