intraday analysis

Intraday analysis is to analyse the market situation and price movement to make profit for buying/selling or selling/buying the stocks on the same day. The analysis is the top down approach and needs to be focused on that day’s sentimental and momentum analysis. The parameters to be considered for intraday analysis is different from positional and the intraday analysis needs to be completed in shorter time. Positional analysis focused on demand and supply where is the intra day analysis focused on that day’s sentiment and momentum.The sentiment of the global market will get reflected in indian market and hence affect the price movement. Since Asia market starts ahead of indian market, the overall situation of the asian market will be reflected in indian market, similarly the impact of the price movement in UK market will be reflected in indian market, so it is important to watch out the global market direction for intraday analysis.