Study on Intraday Analysis

An intraday analysis is examines the consistency of positive and negative returns on average
intraday analysis is entirely different from positional analysis ,Intraday traders pay close attention to intraday price movements using real time charts
in attempt to benefit from short term fluctuations whereas positional traders pay close attention to weekly or monthly trading
Intraday happens in the spot market and settlement happens in the same day hence it is mandatory to close the intraday on the same day in intraday trading the any short position can be executed and bought back before the close of the same day Intraday analysis done through top down approach
– check the market condition wheather positive or negative
– check sector contribution for the sector contribution
– check index contribution for current market direction
– take 2 sectors which is the major contributor for market direction
– Now filter top 4 stocks and filter stocks trading high volume
– Now we have filtered the stocks to trade in the Intraday market, now execute the trade and we need to make sure that the trade is executed along with the trend of the market.