Intraday analysis

Intraday analysis means doing analysis for buying or selling the stock within a day. In intraday we approach top down approach instead of analyzing various tectonics such as Dow theory, price pattern or even gap analysis. It involves identifying stock and defining the level about entry and exit. Positional analysis involves analysis of various market technical such as Dow theory, price pattern and gap analysis. To identify stock momentum, we need to know FII activities , whether they are net sellers or buyers, global trend, current Indian market trend, advances and declines based on the analysis we can identify which sector matches with above given trends coupled with high turnover and volumes. Time in the morning is 10-11 and in noon we can do trading at 2 – 3.