Intraday analysis is done based on the market sentiments on that particular day. Intraday analysis remains good for one day only. Positional analysis is a call taken based on the analysis done using Dow theory, Price patterns, Candlestick pattern, Gap theory etc. The Positional analysis remain good until there is an clear sign of trend reversal, Price movement in the Global market plays a very important role in Intraday analysis as there is a 84% correlation between the two. 10:00 to 11:30 AM in the morning session and 02:00 to 03:00 PM in the evening session is best time to trade.

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