Intra Day – Buy and sell Same day.
Positional trading – Means buying and Holding for more than 2 days..
Analysys for 5 mins ticks for single day is different to Positional analysys – use 1 day per tick and see over a span of 1month or 3 mts or 6mts or 1 year etc, Analysis are quite different from positional analysis. It require instant decision making skills. daily charts are the most commonly used charts that represent the price movements on a one-day interval.First of all find the active global market trend at the time of trading. Find the Indian market trend. FII activity with good volume. If the trend is bullish , choose the 5 top moving stocks from top gaining sectors. If the trend is bearish, choose top loosing stocks from the top loosing sectors. From that stocks, select the stocks based on the volume & market capitalisation.