palani_intraday-analysis

intraday is purely on market sentiments. analysis is applicable to that time period only.it follows the Top Down approach.
1.Identify the global market is positive or not
2. Identify the FII activity for the past few days.
3.identify the Indian market is positive or not
4.Check for the Advance /Declines ratio
5.Understand the Sector index
6. Select the stock which follow the market sentiments .Dont select against the sentiment.
a.select top 3-5 stocks which follow the market.
b. select the top 3-5 stocks with top turn over
identify the common stocks and trade according to the market sentiment