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The following steps are to be followed
(a)See the movement of other Asian markets
(b)See the movement of NIFTY (ie +/-)
(c)Previous day FII activity
(d) Select three stocks in that sector having more % of movement in the direction of the market
(e)Among the three stocks select that stock which has more VOLUME
Positional analysis is used for long term investments with more analysis and time required which is not applicable and feasible for intraday
Yes it is, all the markets are virtually interrelated, few stocks are traded across multiple markets across the globe
Global factors may affect market, 3 pm might be the ideal time in the afternoon for intraday trading
Buy/Sell settlements for the intraday to be closed on that same day, by failing ends up in penalty
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