Intraday analysis is based on technical analysis used for short term trade. But the positional analysis is based on fundamental analysis used for long term trade
Ideal time to do intra day market depends on the Global market. Indian markets opens at 9.15 pm . If we want to trade in the morning we should consider the asian market which will close by 11.30 Indian time. So if we want to trade in the morning session we should trade between 10.00 to 11.30 am IST.
When it comes to afternoon session then we need to consider european market which will start by around 1.45 to 2.00 pm IST . so we have to do trading between 2.00 to 2.45 / 3.00 pm
1. Analyse the global market trend ( Asian / european market)
2. Analyse FII activity
3.Analyse the Indian market
4.Analyse Advance decline ratio
5.Analyse The market breadth based on Turnover
6. select the stock based on price wise
7. And then again shortlist based on turnover wise
and then pick the stock which is common in both price wise selection list and turnover wise selection list