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(IRFC_NL) Tax Free complete technical analysis [charts+indicators] | Buy/Sell Tax Free | (IRFC_NL) share price targets

Complete technical analysis of Tax Free (IRFC_NL) by charts plus indicators, forecast predictions and share price targets for Tax Free (IRFC_NL)

Showing technical analysis as on 2023-12-18 View latest technical analysis

10 day averaged volume of Tax Free is 50

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Dec 2023	1009.10	1009.10	1009.10	1009.10	0.02 times
12 Tue Dec 2023	1261.00	1261.00	1261.00	1261.00	0.2 times
02 Thu Nov 2023	1261.00	1261.00	1261.00	1261.00	0.02 times
01 Wed Nov 2023	1261.00	1261.00	1261.00	1261.00	0.32 times
15 Fri Sep 2023	1051.10	1051.10	1051.10	1051.10	0.2 times
14 Thu Sep 2023	1051.10	1051.10	1051.10	1051.10	0.2 times
07 Mon Aug 2023	1150.00	1150.00	1150.00	1150.00	0.2 times
20 Tue Jun 2023	1150.00	1150.00	1150.00	1150.00	4 times
24 Mon Apr 2023	1150.00	1150.00	1150.00	1150.00	0.76 times
09 Thu Feb 2023	1269.90	1076.50	1269.90	1076.50	0.04 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1033.9, but if it comes above 1033.9, then a intra day buy could be more profitable.
If you take a sell trade below 1033.9, then use 1033.9 as stoploss and 931.3 as target. However if you take a buy trade in stock , then use 1033.9 as stoploss and 1119.33 as target.

Share price targets for Tax Free (IRFC_NL)

Target Type	Value
Downside Target	1009.10
Upside Target	1051.10
Upside Target	1150.00
Upside Target	1261.00

Intraday share price targets for Tax Free (IRFC_NL)

Target Type	Value
Downside Intraday Target	1009.1
Downside Intraday Target	1009.1
Downside Intraday Target	1009.1
Downside Intraday Target	1009.1
Downside Intraday Target	1009.1

Weekly technical analysis of Tax Free (IRFC_NL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Dec 2023	1009.10	1009.10	1009.10	1009.10	0.1 times
12 Tue Dec 2023	1261.00	1261.00	1261.00	1261.00	0.588 times
02 Thu Nov 2023	1261.00	1261.00	1261.00	1261.00	0.567 times
15 Fri Sep 2023	1051.10	1150.00	1150.00	1051.10	0.126 times
20 Tue Jun 2023	1150.00	1150.00	1150.00	1150.00	119 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_NL)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Dec 2023	1009.10	1261.00	1261.00	1009.10	0.647 times
02 Thu Nov 2023	1261.00	1261.00	1261.00	1261.00	0.85 times
15 Fri Sep 2023	1051.10	1051.10	1051.10	1051.10	2 times
07 Mon Aug 2023	1150.00	1150.00	1150.00	1150.00	0.05 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_NL)

Price action analysis of Tax Free ( (IRFC_NL) ) 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_NL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Tax Free ( (IRFC_NL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Tax Free in short term but the buy 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Tax Free is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1153.75 and Tax Free (IRFC_NL) 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_NL) stock. Volume based technical analysis of Tax Free (IRFC_NL) 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.