Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-17 View latest technical analysis

10 day averaged volume of Tax Free is 1468

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	1136.19	1137.00	1137.50	1136.00	0.513 times
16 Tue Jan 2024	1137.00	1140.01	1140.01	1136.65	1.636 times
15 Mon Jan 2024	1139.10	1139.10	1139.10	1139.10	1.362 times
12 Fri Jan 2024	1139.02	1150.00	1150.00	1139.00	0.817 times
10 Wed Jan 2024	1139.00	1137.00	1140.00	1135.00	2.05 times
08 Mon Jan 2024	1136.44	1139.00	1139.00	1135.00	0.755 times
04 Thu Jan 2024	1141.90	1136.50	1142.00	1135.00	0.825 times
01 Mon Jan 2024	1132.51	1136.00	1136.00	1132.51	0.837 times
29 Fri Dec 2023	1136.00	1132.55	1146.00	1132.55	1.42 times
27 Wed Dec 2023	1146.99	1146.99	1147.00	1146.99	0.272 times

My analysis of stock is bearish for shortterm, and stock might move down till 1132.7 or till 1128.2. Use a stoploss of 1136.34 and if the stock hits stoploss, then it can shoot up till 1140.03

Share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Target	1112.50
Upside Target	1140.01
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	1134.79
Downside Intraday Target	1133.39
Upside Intraday Target	1138.8
Upside Intraday Target	1141.41
Upside Intraday Target	1137.4

Weekly technical analysis of Tax Free (IRFC_NO)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	1136.19	1139.10	1140.01	1136.00	0.969 times
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

Price has moved down 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
17 Wed Jan 2024	1136.19	1136.00	1150.00	1132.51	0.644 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 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_NO) ) based on a short 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_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 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 but the buy signal is initial and weak.

Tax Free Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below 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 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 1137.89 and Tax Free (IRFC_NO) 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_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.