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Because positional analytical methods are followed only if trading takes days gap not in a single day.
positional analytical method is long process so not used in intraday
Intraday Analysis will depending many factors like Global Market,FII’s,Market Directions,Sectors Performance and etc.
whereas Positional Analysis will do based on the Candle sticks, Price Patterns and Dow Theory.
Positional analytical methods are used for trading a stock for more than a day to 3 months.
time consuming exercise and is not feasible for intraday in which sentiments is involved.
positional analysis is made for day to day analysis, but intraday requires minute to minute analysis
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