Intraday trading is different from positional trading as it is driven largely by the daily sentiments. Hence the steps to find intraday stocks are different from typical stock analysis for positional trades.
The traders must ensure that their trades follow global/Indian market sentiment. Also, the stocks/sectors chosen for the trade should not be contradicting the overall market.
The position should be taken after taking into account following,
1. breakout of the recent support/resistance
2. exit levels and stoploss levels are followed.
3. Money management rules are followed.
, , Intraday Analysis, Advance decline Ratio, FII, global market, Indian market, intraday trade, Sectors, volume
Hi,
Your work is good