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Tagged: Intraday
Intraday analysis is done by using world market sentiments and it is square off within the same day.It is different from positional analysis because of positional analysis is identifying by using demand and supply, volume, price movements etc. But intraday is identifying by using market sentiments.
Intra day is nothing but following the group whether in terms of buying and selling which is again a reflection of the market sentiment. Positional analysis is a detailed study on demand and supply through various tools that are available
Intraday analysis the market sentiments plays a key role. In positional analysis demand and supply forms the basics of the analysis.
Intraday analysis is studying the market for that particular day where Top down approach is done for trading. In positional analysis studying demand and supply for a selected stock is done for long term trading.
Intraday analysis is meant for studying the market for a specific day by analyzing the market direction to do intraday trading. In intraday analysis, focus is given for analysing the market direction, selection of stocks that contribute for market trend and it is applicable for the trading day only. But in case of positional analysis the objective is to derive demand& supply over a period of time.
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