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Intra day analysis is done for a short term, using candlestick analysis.
Where as positional analysis is done for a long term investments by suing the line charts etc..
Yes, Global Market impact the intraday price movement as the foreign investors will also come in for investment.
The Positional analytical methods are for long term which we trade for a more than 1 month. while intra day we need to buy and sell the stock on the same day.
We need to close the session on the same day while we do intraday position, otherwise we need to pay the penalty.
ideal time to trade intraday is:
Morning session : 10 to 11.30 AM
Afternoon session : 2.00 to 3.00 PM
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