In intraday analysis the positions are closed the same day. Unlike positional trade intraday does not involve price patterns as the trades are highly driven by momentum arising out of sentiment. Identifying stocks have to be done in a matter of minutes to take the benefit of the momentum. The approach is top down.teh global,FII sentiment and nifty sentiment are observed. Accordingly one can infer the overall sentiment. Then the sectoral indices are analysed to find out the best performing sector in terms of bullishness or bearishness. Then among the sectors the best performing stock is identified in terms of %change and volume.All these are obtained form NSE website as one of the sources.