Intraday analysis is to analyse market sentiment and to trade on the same day
TIME 10 am – 11.30 a.m
2 pm- 2.40-pm
TOP DOWN APPROCH
STEP-1
MARKET DIRECTION
Global market
FII activity
NIFTY
Market breath—advance/decline
STEP 2
SECTOR CONTRIBUTION
Select top 4 companies with very negative
Tools- market meter-turn over
STEP 3
STOCK SELECTION
PRICE WISE (least to high)
Turn over (high to least)
Define short entry price , stop loss, target.