EQSIS PRO

Intraday Analysis

Intraday Analysis is analyzing the market to buy and sell instruments on the same trading day. Need to do top down approach and follow the market sentiment / momentum for analysis.

Intraday Process
– Identify the World market, Asian market trend, positive or negative
– Check FII activities in the recent past (two to three days).
– Check Indian market trend – positive or negative
– Check Market Breadth (Advance decline ratio) based on price.
– Check Market Breadth (Advance decline ratio) based on turnover.
– Identify a sector whose trend % is closer to market %
– Pick top 5 stocks whose volume is high
– Pick top 5 stocks whose change in price % is high
– Pick a stock from the above 5 and choose to be long or short according to the trend. Ensure to keep a target and stoploss price as well.

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