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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 2024-03-22 View latest technical analysis

10 day averaged volume of Tax Free is 290

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	1065.99	1045.00	1065.99	1030.10	3.031 times
21 Thu Mar 2024	1067.23	1060.00	1069.00	1060.00	0.724 times
20 Wed Mar 2024	1060.00	1051.01	1062.90	1051.01	0.41 times
19 Tue Mar 2024	1051.01	1062.00	1062.00	1051.01	0.331 times
18 Mon Mar 2024	1060.00	1060.00	1060.00	1060.00	0.017 times
15 Fri Mar 2024	1060.18	1060.00	1060.20	1060.00	0.259 times
14 Thu Mar 2024	1060.00	1045.00	1060.00	1045.00	0.024 times
13 Wed Mar 2024	1052.01	1054.00	1055.00	1045.00	5.038 times
11 Mon Mar 2024	1054.00	1045.00	1056.00	1045.00	0.603 times
07 Thu Mar 2024	1059.50	1059.50	1059.50	1059.50	0.224 times

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

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 1066.8, for a target of 1061.7 or 1057.38

Share price targets for Tax Free (IRFC_NN)

Target Type	Value
Downside Target	1029.00
Downside Target	1058.00
Downside Target	1059.00
Downside Target	1059.99
Downside Target	1060.20
Upside Target	1069.00

Intraday share price targets for Tax Free (IRFC_NN)

Target Type	Value
Downside Intraday Target	1041.06
Downside Intraday Target	1016.13
Upside Intraday Target	1079.96
Upside Intraday Target	1093.93
Downside Intraday Target	1055.03

Weekly technical analysis of Tax Free (IRFC_NN)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	1065.99	1060.00	1069.00	1030.10	0.762 times
15 Fri Mar 2024	1060.18	1045.00	1060.20	1045.00	1.674 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

Price has moved up 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_NN)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	1065.99	1057.00	1069.00	1030.10	2.276 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 up 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 to mid 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 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.

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 stronger in this stock.

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 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 1057.79 and Tax Free (IRFC_NN) 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_NN) stock. Volume based technical analysis of Tax Free (IRFC_NN) 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.