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

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

Showing technical analysis as on 2024-03-13 View latest technical analysis

10 day averaged volume of Tax Free is 267

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	1052.01	1054.00	1055.00	1045.00	5.472 times
11 Mon Mar 2024	1054.00	1045.00	1056.00	1045.00	0.655 times
07 Thu Mar 2024	1059.50	1059.50	1059.50	1059.50	0.243 times
06 Wed Mar 2024	1059.99	1056.00	1059.99	1053.00	2.569 times
05 Tue Mar 2024	1058.00	1049.10	1058.00	1049.10	1.03 times
01 Fri Mar 2024	1058.00	1057.00	1058.00	1057.00	2.322 times
26 Mon Feb 2024	1055.00	1049.16	1055.00	1049.16	0.569 times
19 Mon Feb 2024	1058.00	1058.00	1058.00	1058.00	0.337 times
16 Fri Feb 2024	1055.00	1055.00	1055.00	1055.00	0.007 times
15 Thu Feb 2024	1053.00	1052.00	1053.00	1052.00	2.037 times

Stock of Tax Free (IRFC_NN) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 1049.5 or till 1044.4. Use a stoploss of 1053.8 and if the stock hits stoploss, then it can shoot up till 1058.09

Share price targets for Tax Free (IRFC_NN)

Target Type	Value
Downside Target	1029.00
Upside Target	1056.00
Upside Target	1058.00
Upside Target	1059.00
Upside Target	1059.99

Intraday share price targets for Tax Free (IRFC_NN)

Target Type	Value
Downside Intraday Target	1046.01
Downside Intraday Target	1040
Upside Intraday Target	1057.01
Upside Intraday Target	1062
Downside Intraday Target	1051

Weekly technical analysis of Tax Free (IRFC_NN)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	1052.01	1045.00	1056.00	1045.00	1.595 times
07 Thu Mar 2024	1059.50	1049.10	1059.99	1049.10	1.329 times
01 Fri Mar 2024	1058.00	1049.16	1058.00	1049.16	8.578 times
19 Mon Feb 2024	1058.00	1058.00	1058.00	1058.00	0.139 times
16 Fri Feb 2024	1055.00	1052.90	1055.00	1052.00	0.669 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_NN)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Mar 2024	1052.01	1057.00	1059.99	1045.00	1.599 times
26 Mon Feb 2024	1055.00	1050.00	1059.00	1049.01	2.241 times
30 Tue Jan 2024	1050.00	1057.79	1059.00	1035.00	3.033 times
29 Fri Dec 2023	1035.00	1030.50	1059.00	1030.50	1.01 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_NN)

Price action analysis of Tax Free ( (IRFC_NN) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Tax Free ( (IRFC_NN) ) 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_NN) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Tax Free ( (IRFC_NN) ) 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 Strong and stock is gaining momentum.

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

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 green color and prices are above 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 but selling is losing 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 1055.26 and Tax Free (IRFC_NN) 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_NN) stock. Volume based technical analysis of Tax Free (IRFC_NN) 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.