We started by defining the term Intraday trading and distinguished it from positional analysis through two factors 1)The time taken &
2) The method used to identify. Then we went to discussing the importance of closing the trading the same day in order to avoid penalty. Then we understood the ideal time to trade which is generally a hour or two hours after the market started to find the sentiment prevailing at that time. Then we understood how the global markets could affect the Indian market. Then wecame to know why the methods taken in positional anlysis cannot be used in intraday analysis which is due to the time constraint. Then finally we get our hands on the work of analysin the needed things from a top down perspective from the global markets to FFI, then Indian markets then to the particular stock which seems desirable to buy.