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(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 2024-04-02 View latest technical analysis

10 day averaged volume of Tax Free is 2429

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	1270.00	1270.00	1270.00	1270.00	0.165 times
26 Tue Mar 2024	1285.71	1285.71	1285.71	1285.71	0 times
26 Mon Feb 2024	1355.90	1355.90	1355.90	1355.90	0.002 times
22 Thu Feb 2024	1355.90	1355.90	1355.90	1355.90	0.042 times
19 Tue Dec 2023	1130.00	1130.00	1130.00	1130.00	0.242 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	8.934 times
13 Tue Jun 2023	1170.00	1158.10	1170.00	1158.00	0.565 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1258.1, but if it comes below 1258.1, then a intra day sell could be more profitable.
If you take a sell trade below 1258.1, then use 1258.1 as stoploss and 1191.78 as target. However if you take a buy trade in stock , then use 1258.1 as stoploss and 1337.7 as target.

Share price targets for Tax Free (IRFC_NM)

Target Type	Value
Downside Target	1130.00
Downside Target	1171.00
Downside Target	1270.00
Upside Target	1285.71
Upside Target	1355.90

Intraday share price targets for Tax Free (IRFC_NM)

Target Type	Value
Downside Intraday Target	1270
Downside Intraday Target	1270
Downside Intraday Target	1270
Downside Intraday Target	1270
Downside Intraday Target	1270

Weekly technical analysis of Tax Free (IRFC_NM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	1270.00	1270.00	1270.00	1270.00	66.667 times
26 Tue Mar 2024	1285.71	1355.90	1355.90	1285.71	0.009 times
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

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
02 Tue Apr 2024	1270.00	1270.00	1270.00	1270.00	400 times
26 Tue Mar 2024	1285.71	1285.71	1285.71	1285.71	0.009 times
26 Mon Feb 2024	1355.90	1355.90	1355.90	1355.90	0.174 times
19 Tue Dec 2023	1130.00	1180.00	1180.00	1130.00	152.25 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 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 BUY. Signal strength is Weak and stock is losing 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 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 red color and prices are in or above the red cloud Prices appear to be coming down

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

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 1184.96 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.