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The positional analytical methods are for positional traders who hold the stock for a minimum period of a week, whereas in intraday due to frequent price fluctuations depending on sentiment and immediate within day settlement it is not possible to follow positional analytical methods.
Positional analytical methods are used for forecasting the trend on a long-term perspective,but in intraday the market moves based on the sentiment and momentum which involves several factors from global market to market breadth(price basis and turn over basis).Also , in intraday the time gap is very short and positional analysis methods does not suit as the decisions have to be taken very fast.
Positional analytical methods/analysis are used for long term traading based on demand and supply where as intraday analysis is based on market sentiment.
Positional analytical methods/analysis are used for long term trading based on demand and supply where as intraday analysis is based on market sentiment.
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