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

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

Showing technical analysis as on 2024-01-04 View latest technical analysis

10 day averaged volume of Tax Free is 1325

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	1141.90	1136.50	1142.00	1135.00	0.914 times
01 Mon Jan 2024	1132.51	1136.00	1136.00	1132.51	0.927 times
29 Fri Dec 2023	1136.00	1132.55	1146.00	1132.55	1.574 times
27 Wed Dec 2023	1146.99	1146.99	1147.00	1146.99	0.302 times
22 Fri Dec 2023	1135.00	1135.00	1135.00	1135.00	0.03 times
21 Thu Dec 2023	1135.00	1135.00	1135.00	1135.00	0.669 times
20 Wed Dec 2023	1133.02	1133.30	1133.30	1133.00	0.039 times
19 Tue Dec 2023	1132.30	1135.00	1135.00	1132.00	1.694 times
18 Mon Dec 2023	1132.69	1130.50	1136.00	1129.00	3.651 times
15 Fri Dec 2023	1130.01	1142.00	1142.00	1130.01	0.551 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1140, but if it comes below 1140, then a intra day sell could be more profitable.
If you take a sell trade below 1140, then use 1140 as stoploss and 1136.03 as target. However if you take a buy trade in stock , then use 1140 as stoploss and 1144.9 as target.

Share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Target	1112.50
Upside Target	1142.00
Upside Target	1144.99
Upside Target	1146.00
Upside Target	1147.00
Upside Target	1183.00
Upside Target	1208.85

Intraday share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Intraday Target	1135.61
Downside Intraday Target	1129.31
Upside Intraday Target	1145.1
Upside Intraday Target	1148.29
Downside Intraday Target	1138.8

Weekly technical analysis of Tax Free (IRFC_NO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	1141.90	1136.00	1142.00	1132.51	0.981 times
29 Fri Dec 2023	1136.00	1146.99	1147.00	1132.55	0.308 times
22 Fri Dec 2023	1135.00	1130.50	1136.00	1129.00	3.827 times
15 Fri Dec 2023	1130.01	1140.00	1142.00	1130.01	0.458 times
08 Fri Dec 2023	1134.99	1144.00	1144.99	1119.99	0.996 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_NO)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Jan 2024	1141.90	1136.00	1142.00	1132.51	0.122 times
29 Fri Dec 2023	1136.00	1138.00	1147.00	1119.99	1.467 times
30 Thu Nov 2023	1138.00	1129.00	1146.00	1120.10	0.578 times
31 Tue Oct 2023	1130.00	1129.00	1136.99	1112.50	1.437 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_NO)

Price action analysis of Tax Free ( (IRFC_NO) ) based on a short 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.

Price action analysis of Tax Free ( (IRFC_NO) ) based on a short to mid 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.

Price action analysis of Tax Free ( (IRFC_NO) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Tax Free is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1134.36 and Tax Free (IRFC_NO) 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_NO) stock. Volume based technical analysis of Tax Free (IRFC_NO) 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.