I just wanted to know what things should I remember in TA of intraday and 2,3 days candlestick charts.

As intraday involves swing trading and hold stock for 2,3 days seems to involve different TA.

I wanted to know whats the difference and precautions I should take.

Hey Matrixvipin,

I think most traders who trade intraday use tighter stops and look for a higher win to loss ratio than traders who are more swing to long term. The reason for this is that the potential for profit on individual trades when decreases when you trade on shorter term timeframes simply because the market does not have as much time to move. One of our community members Airelon recently put out a video on scalping that has some good information relating to this. You can find that video at the link below:

Investing and Trading: Scalping Realities [Video]

Swing to long term traders who sit in trades for a few days or longer I think normally do this because they are targeting larger profits. As a result of these higher profit targets their win ratio or the percentage of profitable trades that they have can be lower assuming they are practicing good money management principles.

Here are a few more videos outlining some of the advantages and disadvantages of the multiple styles of trading that you may find interesting:

An Introduction to Day Trading

An Introduction to Swing Trading

An Introduction to Position Trading

Hope that helps. If there are any other questions/comments or if anyone else has anything to add here please feel free to post.

Best Regards,
Dave