Why the positional analytical methods are not followed in intraday analysis?

[kalidasan]

The intraday trading decisions are taken on the basis of current market price . In future , we can not predict the  price fluctuations .

[sivaranjani]

The positional analytical methods are for short and long term traders. for this we need stock charts for a period of time.

this will not help for intraday analysis as the price flutuations are frequently happens in intraday trading.

[Anitha Ramesh]

Technical analysis is done for short term trading.It requires previous data demand,supply etc.These factors forecast the short term.

For intraday analysis,follow the market not the demand and supply.

[Shivputra R Tangadi]

Intraday treading shows huge fluctuation of stock prize within the same day which cant be analysed perfectly with any of positional analytical methods. Hence its better to follow market when we do intraday treading.

[Loyd Dsouza]

positional analytical methods make use of past data to make a decision hence it is not used for intraday trading.

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