Intraday analysis

Intraday analysis is top down approach – Market direction, Sector contribution ,Stock selection Market direction: – Global market – FII activity – Indian market Market breadth- Advance /decline ratio – Price wise Market breadth- Advance /decline ratio – Turnover basis Identify the market direction from these points Sector contribution: If market sentiment is -ve chose the top two losing sectors,if market sentiment is +ve choose the top 2 gaining sectors Stock selection: Price wise: In that above identified sector choose top 4 stocks price wise having the same trend as market Turnover wise:In that above identified sector choose top 4 stocks having highest turnover having the same trend as market If price wise and turn over wise have any stock in common take that stock ,otherwise go to the next sector and do the same analysis