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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 2024-01-12 View latest technical analysis

10 day averaged volume of Tax Free is 1227

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1139.02	1150.00	1150.00	1139.00	0.978 times
10 Wed Jan 2024	1139.00	1137.00	1140.00	1135.00	2.452 times
08 Mon Jan 2024	1136.44	1139.00	1139.00	1135.00	0.904 times
04 Thu Jan 2024	1141.90	1136.50	1142.00	1135.00	0.987 times
01 Mon Jan 2024	1132.51	1136.00	1136.00	1132.51	1.001 times
29 Fri Dec 2023	1136.00	1132.55	1146.00	1132.55	1.699 times
27 Wed Dec 2023	1146.99	1146.99	1147.00	1146.99	0.326 times
22 Fri Dec 2023	1135.00	1135.00	1135.00	1135.00	0.033 times
21 Thu Dec 2023	1135.00	1135.00	1135.00	1135.00	0.722 times
20 Wed Dec 2023	1133.02	1133.30	1133.30	1133.00	0.042 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1140.1 as stoploss in an intra day sell trade for a target of 1136.23. However, stock will show a bullish move above 1140.1.

Share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Target	1112.50
Upside Target	1142.00
Upside Target	1146.00
Upside Target	1147.00
Upside Target	1150.00
Upside Target	1183.00
Upside Target	1208.85

Intraday share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Intraday Target	1132.68
Downside Intraday Target	1126.34
Upside Intraday Target	1147.68
Upside Intraday Target	1156.34
Upside Intraday Target	1141.34

Weekly technical analysis of Tax Free (IRFC_NO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1139.02	1139.00	1150.00	1135.00	2.18 times
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

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_NO)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1139.02	1136.00	1150.00	1132.51	0.387 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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 BUY. Signal strength is Strong and stock is gaining 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1137.72 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.