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 2024-02-22 View latest technical analysis

10 day averaged volume of Tax Free is 2547

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	1355.90	1355.90	1355.90	1355.90	0.04 times
19 Tue Dec 2023	1130.00	1130.00	1130.00	1130.00	0.231 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	8.52 times
13 Tue Jun 2023	1170.00	1158.10	1170.00	1158.00	0.539 times
19 Fri May 2023	1165.56	1165.56	1165.56	1165.56	0.196 times
17 Wed May 2023	1150.00	1150.10	1150.10	1150.00	0.344 times
04 Thu May 2023	1159.00	1159.00	1159.00	1159.00	0.079 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1267.9, for a target of 1213.5 or 1168.13

Share price targets for Tax Free (IRFC_NM)

Target Type	Value
Downside Target	1130.00
Downside Target	1180.00
Downside Target	1185.00
Downside Target	1355.90

Intraday share price targets for Tax Free (IRFC_NM)

Target Type	Value
Downside Intraday Target	1205.3
Downside Intraday Target	1054.7
Upside Intraday Target	1431.2
Upside Intraday Target	1506.5
Downside Intraday Target	1280.6

Weekly technical analysis of Tax Free (IRFC_NM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Feb 2024	1355.90	1180.00	1355.90	1130.00	50 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 up 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
22 Thu Feb 2024	1355.90	1355.90	1355.90	1355.90	0.166 times
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

Scroll below to view daily charts

Price has moved up 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_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 neutral. A longer time frame might give a better analysis.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Tax Free in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Tax Free in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 1181.79 and Tax Free (IRFC_NM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.