Through intraday analysis we can find what stocks can be traded within a day. This analysis is purely based on market sentiments. We should close our open positions within the market hours. In positional analysis, the market sentiments won’t work.
The impact of Asian market may be seen in morning 10 to 11 am and the impact of European market may be seen in morning 2 to 2:45 pm. Therefore these are the ideal time to trade intraday.