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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 2024-01-23 View latest technical analysis

10 day averaged volume of Tax Free is 1498

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	1135.00	1149.21	1149.21	1132.10	1.692 times
22 Mon Jan 2024	1138.18	1145.00	1154.00	1136.10	0.885 times
19 Fri Jan 2024	1141.00	1135.30	1141.00	1135.30	1.167 times
18 Thu Jan 2024	1140.00	1136.00	1140.00	1132.11	0.147 times
17 Wed Jan 2024	1136.19	1137.00	1137.50	1136.00	0.503 times
16 Tue Jan 2024	1137.00	1140.01	1140.01	1136.65	1.603 times
15 Mon Jan 2024	1139.10	1139.10	1139.10	1139.10	1.335 times
12 Fri Jan 2024	1139.02	1150.00	1150.00	1139.00	0.801 times
10 Wed Jan 2024	1139.00	1137.00	1140.00	1135.00	2.009 times
08 Mon Jan 2024	1136.44	1139.00	1139.00	1135.00	0.74 times

My analysis of stock is bearish for shortterm, and stock might move down till 1132.9 or till 1128.3. Use a stoploss of 1136.82 and if the stock hits stoploss, then it can shoot up till 1140.7

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	1154.00
Upside Target	1183.00
Upside Target	1208.85

Intraday share price targets for Tax Free (IRFC_NO)

Target Type	Value
Downside Intraday Target	1126.73
Downside Intraday Target	1118.47
Upside Intraday Target	1148.63
Upside Intraday Target	1162.27
Upside Intraday Target	1140.37

Weekly technical analysis of Tax Free (IRFC_NO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	1135.00	1145.00	1154.00	1132.10	0.542 times
19 Fri Jan 2024	1141.00	1139.10	1141.00	1132.11	1.339 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

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
23 Tue Jan 2024	1135.00	1136.00	1154.00	1132.10	0.935 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 down 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 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 Strong 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 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 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 positive zone. This is a BUY 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 1137.95 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.