INTRADAY ANALYSIS

*Intraday analysis is method of analysis where buying & selling of shares(trading) are done on the same day.It follows top down approach.
*It follows market sentiment & momentum.
*Positional analysis is for more than a day.
*It follows demand & supply.*
*Yes, it is mandatory to close the intraday(as the name itself indicates trade should happen within a day) position on the same day, otherwise it will go to auction market and will be charged for penalty. *The IDEAL time for trading intraday would be 10-11:30 A.M and 1:30-2:45 P.M.
*Yes, global markets impact the intraday price movement.
*Intraday analysis follow market sentiment and global markets which plays a key role in analysis of market trend.
*Singapore market open at 7:30 a.m , Indian market opens at 9:15 a.m, European market opens at 12:30 p.m. so it is important to monitor global market for intraday analysis.
*Intraday analysis follows market sentiment, global market,FII, momentum of the day. whereas positional analysis follows demand and supply.
*Intraday analysis has specific time limit in which selection of stock using top down approach, prediction of target, stop loss should be done on the same day.
*positional analytical methods are not followed because of time limit , in intraday trade should happen within a day.
*The process of identifying momentum stock are as. follows.
*Identify the market direction(Global market) either +ve or -ve.
*check FII activity(Foreign Individual Investor).
*check Indian market.
*Market advance /decline ratios to be considered.
*Selection of sector based on market direction.
*Index should be selected.
*Stock should be selected on turn over basis.