In this section, you can find details about what is intraday analysis and how to pick a stock for doing intraday analysis. We may need to take top down approach for picking a stock for intraday trading.
- Check global market direction
- Indian market global and decline ratios
- Identify sector inline with market direction
- Select stock with high volume and highly intact with market direction.
- Identify the entry point, target and stop loss
- Then enter for intraday trading.