THE BASEMENT – INTRADAY ANALYSIS

Intraday analysis is to analyse the market situation and price movement to buy/sell or sell/buy (long position or short position) the stocks on the same day. In intraday analysis after analysing the intraday parameters ( market direction, FII activity, market breadth ) stocks are selected to trade.
The process of identifying momentum stock in intraday
1. Market Direction – world market, FII activity, Indian market, Market breadth ( Turnover basis ).
2. Sector Contribution (performance basis) – Index wise analysis
3. Stock Selection (performance basis) – Turnover basis, price basis.