Intra day is for different from positional trading. Intra day is more based on market sentiment. Go along with the flow but be calculative with technical analysis.
Market sentiment means look at the global market sentiment-FII activity -Indian market-Advance and decline-Identify the sector-Look at the percentage of change-look at turn over- identify the stock-. Decide entry and exit level-Define the risk and decide the quantity- and do the trading with discipline and knowledge.
, , Intraday Analysis, bullish or bearish, Buy and stoploss limit long, expense and Income., FII trade, global index, Indian market index, long covering, penalty, percentage of change, risk and reward, short, short covering, turn over
Hi sir,
Answering to your question 1 :: Is this applicable for commodity trading also.?
No, it is not applicable for commodity trading but technical analysis can be used.