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Intraday analysis is dependent on the global markets, price movement and market sentiment as the positions are completed within a day so the various types of demand and supply price patterns formed over the historical data charts are not applicable here as it is current day chart
Demand and supply are used for positional analytical methods but in intraday analysis only market sentiments are referred.
Intraday analysis is done based on market sentiments price movements . Since same day it has to be closed positional analytical methods are not followed.
Positional analytical methods does not follow the current market trend and sentiments.
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