Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2023-12-19 View latest technical analysis

10 day averaged volume of Tax Free is 2504

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Dec 2023	1130.00	1130.00	1130.00	1130.00	0.235 times
18 Mon Dec 2023	1180.00	1180.00	1180.00	1180.00	0.004 times
15 Fri Dec 2023	1180.00	1180.00	1180.00	1180.00	0.004 times
25 Mon Sep 2023	1180.00	1180.00	1180.00	1180.00	0.002 times
25 Tue Jul 2023	1185.00	1171.10	1185.00	1171.00	8.666 times
13 Tue Jun 2023	1170.00	1158.10	1170.00	1158.00	0.548 times
19 Fri May 2023	1165.56	1165.56	1165.56	1165.56	0.2 times
17 Wed May 2023	1150.00	1150.10	1150.10	1150.00	0.349 times
04 Thu May 2023	1159.00	1159.00	1159.00	1159.00	0.08 times
03 Wed May 2023	1159.00	1159.00	1159.00	1159.00	0.083 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1138.6, but if it comes above 1138.6, then a intra day buy could be more profitable.
If you take a sell trade below 1138.6, then use 1138.6 as stoploss and 1117.8 as target. However if you take a buy trade in stock , then use 1138.6 as stoploss and 1155.95 as target.

Share price targets for Tax Free (IRFC_NM)

Target Type	Value
Downside Target	1130.00
Upside Target	1171.00
Upside Target	1180.00
Upside Target	1185.00

Intraday share price targets for Tax Free (IRFC_NM)

Target Type	Value
Downside Intraday Target	1113.33
Downside Intraday Target	1096.67
Upside Intraday Target	1163.33
Upside Intraday Target	1196.67
Upside Intraday Target	1146.67

Weekly technical analysis of Tax Free (IRFC_NM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Dec 2023	1130.00	1180.00	1180.00	1130.00	42.786 times
15 Fri Dec 2023	1180.00	1180.00	1180.00	1180.00	0.001 times
25 Tue Jul 2023	1185.00	1171.10	1185.00	1171.00	15.816 times
13 Tue Jun 2023	1170.00	1158.10	1170.00	1158.00	0.998 times
19 Fri May 2023	1165.56	1150.10	1165.56	1150.00	3.37 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_NM)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Dec 2023	1130.00	1180.00	1180.00	1130.00	152.25 times
25 Mon Sep 2023	1180.00	1180.00	1180.00	1180.00	0 times
25 Tue Jul 2023	1185.00	1171.10	1185.00	1171.00	15.816 times
13 Tue Jun 2023	1170.00	1158.10	1170.00	1158.00	0.769 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Tax Free (IRFC_NM)

Price action analysis of Tax Free ( (IRFC_NM) ) 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_NM) ) based on a short 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_NM) ) 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_NM) ) 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1180.91 and Tax Free (IRFC_NM) 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_NM) stock. Volume based technical analysis of Tax Free (IRFC_NM) 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.