1-Intraday analysis is the method of analysis to select the company that needs to be traded in the same day and has to be squared off in the same day.
2-The Intraday analysis follows the top down approach in selecting the stocks whereas in positional analysis the stock is picked first and technical analysis is done on it to identify the price movement.
3–Intraday price movement is driven by the market sentiment and the global market plays a major role for indian market movement on a given day.