Trading in stock market is lucrative only if the trader has adequate knowledge and discipline to perform. Trading can be positional or intraday. Positional trading is defined as a trading activity which the trader holds for a short term to get the reward whereas the intraday trading can be defined as the trading which gets settles within the trading hours on the same day.
Intraday is subjected to abrupt price movements and gets easily impacted due to various sentiments including global market breadth. Hence the decisions during the intraday trading have to be quick and rational at the same time to get the benefit of price movement.
Due to the nature of price movement during intraday and positional trading, the analysis also varies. The critical factor to be successful and consistent is based on the identifying the right stock and going with the market trend.