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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)

10 day averaged volume of Tax Free is 1155

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 1165.99 1161.00 1168.00 1161.00 1.546 times
02 Thu May 2024 1163.40 1160.00 1163.40 1155.50 2.121 times
30 Tue Apr 2024 1160.00 1159.95 1163.95 1156.00 1.007 times
29 Mon Apr 2024 1156.00 1156.00 1156.00 1156.00 0.008 times
26 Fri Apr 2024 1160.50 1160.50 1160.50 1160.50 0.784 times

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 1167.8, for a target of 1162.5 or 1158.1

Share price targets for Tax Free (IRFC_NO)

Target Type Value
Downside Target 1097.25
Downside Target 1132.10
Downside Target 1159.00
Downside Target 1159.85
Downside Target 1160.99
Downside Target 1163.00
Downside Target 1164.00
Downside Target 1164.90
Upside Target 1168.00

Intraday share price targets for Tax Free (IRFC_NO)

Target Type Value
Downside Intraday Target 1158.33
Downside Intraday Target 1150.66
Upside Intraday Target 1170.83
Upside Intraday Target 1175.66
Downside Intraday Target 1163.16

Weekly technical analysis of Tax Free (IRFC_NO)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 1165.99 1156.00 1168.00 1155.50 1.082 times
26 Fri Apr 2024 1160.50 1155.50 1163.00 1155.00 4.371 times
19 Fri Apr 2024 1158.30 1164.90 1164.90 1145.00 0.586 times
12 Fri Apr 2024 1163.78 1157.25 1164.00 1097.25 0.389 times
05 Fri Apr 2024 1157.25 1157.70 1160.99 1150.05 2.736 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
03 Fri May 2024 1165.99 1160.00 1168.00 1155.50 0.297 times
30 Tue Apr 2024 1160.00 1157.70 1164.90 1097.25 1.01 times
28 Thu Mar 2024 1157.00 1146.25 1159.85 1145.20 0.749 times
29 Thu Feb 2024 1148.29 1141.10 1159.00 1140.25 0.839 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 29, 40, 16 Sell
MACD 5, 4Buy
Stochastics 94Buy
CCI 134Buy
RSI 49Sell
OBV 6014Sell
VWAP 1162Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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

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

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

Price action analysis of Tax Free ( (IRFC_NO) ) 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 Weak and stock is losing 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 red color and prices are in or above the red 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 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 1161.76 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.

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