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Intraday Stocks for Today 4 June 2026: SBI, ICICI Bank and Wipro With Entry, Target and Stop-Loss

  • June 4, 2026
  • Posted by: Ankit Jaiswal
  • Category: Market
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Intraday Stocks for Today 4 June 2026
 

Intraday stocks for today 4 June 2026: SBI (Rs 970.45, +1.44%), ICICI Bank (Rs 1,242, +1.25%), Wipro buyback bounce (Rs 204.10, record date 5 June). Entry, targets and stop-loss by Ankit Jaiswal and Kunal Singla.

The intraday stocks for today on 4 June 2026 are SBI, ICICI Bank and Wipro, selected after the Nifty 50 closed at 23,350.40 on 3 June 2026, a session marked by sharp IT-led selling that dragged the index below 23,400. GIFT Nifty is trading near 23,495, indicating a broadly flat to marginally positive open for today’s intraday session. The three intraday stocks for today have been identified on a combination of yesterday’s session-specific momentum, technical support confluence, and a decisive near-term catalyst in each case.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have applied three strict selection filters for today’s intraday stocks for today: a session-specific catalyst, sufficient NSE daily volume for clean entry and exit, and a technically defined entry zone with a clearly placed stop loss. All levels are for educational reference only. Traders must wait for the first 15-minute candle confirmation before entering any of these intraday stocks for today.

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Table of Contents

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  • Market Snapshot: Key Data for Intraday Stocks for Today 4 June 2026
  • 1. SBI (SBIN) – Intraday Stock for Today 4 June 2026
  • 2. ICICI Bank (ICICIBANK) – Intraday Stock for Today 4 June 2026
  • 3. Wipro (WIPRO) – Intraday Stock for Today 4 June 2026
  • Intraday Stocks for Today: Risk-Reward Summary
  • What Are Intraday Stocks for Today?
  • Intraday Trading Strategy for Today’s Session
  • Risks of Intraday Trading Today
  • Conclusion
  • Frequently Asked Questions
    • What are the intraday stocks for today on 4 June 2026?
    • Why did Ankit Jaiswal and Kunal Singla select SBI, ICICI Bank and Wipro as intraday stocks for today?
    • What is the entry level for SBI intraday today 4 June 2026?
    • Why is Wipro an intraday stock for today on 4 June 2026?
    • How does GIFT Nifty affect intraday stocks for today on 4 June 2026?

Market Snapshot: Key Data for Intraday Stocks for Today 4 June 2026

  • GIFT Nifty (3 June evening): 23,495 – flat to marginally positive open expected near 23,400 to 23,500
  • Nifty 50 (3 June close): 23,350.40 (-0.57%) – IT-led sell-off; banking showed relative resilience
  • Sensex (3 June close): 74,027.35 (-0.85%) – 600+ point decline during session
  • Bank Nifty (3 June close): 53,570.15 (-0.27%) – outperformed broader Nifty, PSU banks led by SBI +1.44%
  • India VIX: 19.85 – elevated, demands strict stop-loss discipline for all intraday stocks for today
  • FII (1 June): Net sold Rs 3,912 Cr (sharply moderated from May peak of Rs 21,106 Cr)
  • DII (1 June): Net bought Rs 5,109 Cr – domestic cushion intact
  • Dow Jones (2 June): 51,078.88 (+0.09%) – US stable, no major risk-off signal overnight
  • Nasdaq (2 June): 27,086.81 (+0.42%) – tech mixed; Wipro buyback record date is 5 June
  • Crude Oil (MCX): Rs 8,450/barrel – elevated but stable overnight; watch Iran headlines
  • Session type: Regular session, no weekly expiry today – better for positional intraday setups

With GIFT Nifty near neutral and banking showing resilience, today’s intraday stocks for today session favours stock-specific setups over broad index momentum trades. SBI’s +1.44% yesterday, ICICI Bank’s institutional breakout, and Wipro’s buyback record date catalyst make these three the highest-conviction intraday stocks for today on 4 June 2026.

1. SBI (SBIN) – Intraday Stock for Today 4 June 2026

CMP (3 June Close): Rs 970.45 (+1.44%) | 52W High: Rs 1,025 | 52W Low: Rs 713 | Sector: Banking (PSU) | Market Cap: Rs 8,68,000 Cr

Entry Zone: Rs 965 to 972 | Target 1: Rs 985 | Target 2: Rs 998 | Stop-Loss: Rs 952 | Setup: Momentum Continuation

SBI was the top-performing banking stock on 3 June 2026, gaining +1.44% to close at Rs 970.45, touching a session high of Rs 974.00 while the broader market sold off sharply. The stock opened at Rs 953.75, dipped to Rs 937.20 in early trade, then mounted a strong recovery that accelerated into the final hour, closing near the day’s high. Volume of 2.79 Cr shares is above the 20-day average, confirming institutional participation in the move. SBI’s outperformance versus Nifty Bank (-0.27%) by almost 170 basis points is a clear relative strength signal for the intraday stocks for today setup.

Ankit Jaiswal, Senior Research Analyst at Univest, has flagged SBI as the top intraday stock for today, observing that the stock’s ability to close near its day’s high of Rs 974.00 in a broadly weak market session signals institutional accumulation. He notes that the Rs 965 to 972 entry zone corresponds to a flag pattern consolidation above the Rs 960-965 breakout level, and that a clean hold above Rs 965 in the first 15 minutes confirms the intraday stock for today setup toward Rs 985. The Rs 952 stop-loss is placed below yesterday’s value area low.

SBI qualifies as one of the best intraday stocks for today because of three converging factors: the strongest single-day performance among major banking names yesterday, a close near the session high indicating unfinished business on the upside, and the GIFT Nifty’s flat-to-positive signal removing gap-down risk at the open. The Rs 998 second target coincides with a key resistance from the 26 May session high.

Download the Univest iOS App or Univest Android App to track SBI’s live price and get daily intraday stock recommendations.

2. ICICI Bank (ICICIBANK) – Intraday Stock for Today 4 June 2026

CMP (3 June Close): Rs 1,242.00 (+1.25%) | 52W High: Rs 1,330 | 52W Low: Rs 975 | Sector: Banking (Private) | Market Cap: Rs 8,72,000 Cr

Entry Zone: Rs 1,238 to 1,245 | Target 1: Rs 1,260 | Target 2: Rs 1,275 | Stop-Loss: Rs 1,222 | Setup: Breakout Continuation

ICICI Bank broke above its 3 June opening gap of Rs 1,219.90 with conviction, touching a high of Rs 1,248.30 and closing at Rs 1,242.00, a gain of +1.25% from its previous close of Rs 1,226.60. The stock was one of only two private sector banks to close with meaningful gains in a session where Nifty Private Bank was broadly flat. Trading volume of 1.39 Cr shares was above the 10-day average, with the buy-side depth showing 6,653 shares queued at Rs 1,242.00 at market close, a clear sign of continued institutional demand. ICICI Bank’s ability to print a new local high of Rs 1,248.30 qualifies it as a breakout intraday stock for today.

Kunal Singla, Associate Director at Univest, has flagged ICICI Bank as a high-conviction breakout play among intraday stocks for today, observing that the stock has successfully reclaimed the Rs 1,235 to Rs 1,245 resistance zone that had acted as a ceiling for three sessions prior to 3 June. He notes that the entry zone of Rs 1,238 to 1,245 is within the Value Area High of yesterday’s session, and that a 15-minute candle close above Rs 1,245 on 4 June’s open would be the momentum trigger. The stop-loss at Rs 1,222 is below the prior resistance-turned-support zone.

ICICI Bank is one of the most liquid F&O stocks on NSE, making it ideal for clean execution as an intraday stock for today. The stock’s outperformance relative to Axis Bank (-0.33% yesterday) and Kotak Bank (broadly flat) indicates private sector banking rotation into ICICI Bank specifically, which adds conviction to the intraday stock for today setup heading into 4 June.

Check ICICI Bank live price on the Univest Screener

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3. Wipro (WIPRO) – Intraday Stock for Today 4 June 2026

CMP (3 June Close): Rs 204.10 (-2.73%) | 52W High: Rs 325 | 52W Low: Rs 188 | Sector: IT Services | Market Cap: Rs 2,12,000 Cr

Entry Zone: Rs 202 to 205 | Target 1: Rs 210 | Target 2: Rs 215 | Stop-Loss: Rs 198 | Setup: Buyback Oversold Bounce

Wipro closed at Rs 204.10 on 3 June, declining -2.73% from its previous close of Rs 209.84, with volume surging to 6.22 Cr shares , the highest single-session volume in several weeks and significantly above the 20-day average of approximately 2.5 Cr shares. This volume spike on a down day is a classic distribution-to-accumulation transition signal, particularly meaningful given that Wipro’s buyback record date is 5 June 2026 at Rs 250 per share. Traders accumulating ahead of the record date, arbitrageurs and long-only funds adding at the dip all contributed to the extraordinary volume. The Rs 202 session low held cleanly, establishing a strong intraday floor for the intraday stock for today setup.

Ankit Jaiswal, Senior Research Analyst at Univest, has flagged Wipro as the contrarian bounce pick among intraday stocks for today, observing that the combination of 6.22 Cr share volume and a buyback record date one session away creates an asymmetric risk-reward setup. He notes that the Rs 200 level is a round-number psychological support and that the buyback at Rs 250 provides a fundamental value anchor that prevents institutional selling below Rs 200. The entry zone of Rs 202 to 205 covers the likely gap-down scenario at open given yesterday’s weakness, and Rs 198 is placed below the session low of Rs 202.

Wipro’s oversold bounce qualifies it as one of the best intraday stocks for today on 4 June for traders with a clear catalyst framework. Kunal Singla, Associate Director at Univest, validates the risk-reward at Rs 202 to 205 entry: the downside risk to stop-loss is Rs 4 to Rs 7, while the upside to Target 1 at Rs 210 is Rs 5 to Rs 8 from entry, yielding a minimum 1:1 risk-reward ratio. At Target 2 of Rs 215, the ratio improves to 1:1.5 or better. This is the most important criterion for selecting intraday stocks for today.

Download the Univest iOS App or Univest Android App to get live Wipro price alerts and daily intraday stock recommendations from Univest analysts.

Intraday Stocks for Today: Risk-Reward Summary

Stock Entry Zone Target 1 Target 2 Stop-Loss Setup
SBI (SBIN) Rs 965 to 972 Rs 985 Rs 998 Rs 952 Momentum Continuation
ICICI Bank (ICICIBANK) Rs 1,238 to 1,245 Rs 1,260 Rs 1,275 Rs 1,222 Breakout Continuation
Wipro (WIPRO) Rs 202 to 205 Rs 210 Rs 215 Rs 198 Buyback Oversold Bounce

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What Are Intraday Stocks for Today?

Intraday stocks for today are shares that traders buy and sell within the same trading session, between 9:15 AM and 3:30 PM IST, without carrying any overnight position. The goal is to profit from short-term price movements driven by technical setups, catalysts or momentum. The best intraday stocks for today combine three essential qualities: a session-specific catalyst that provides a clear directional bias, high daily trading volume above 50 lakh shares on NSE for tight bid-ask spreads and clean execution, and a technically defined entry zone with a pre-set stop-loss that limits downside. Selecting the right intraday stocks for today from a universe of 1,500-plus F&O-eligible names requires disciplined screening, which is what Ankit Jaiswal and Kunal Singla at Univest do daily.

Intraday Trading Strategy for Today’s Session

  1. First 15-minute rule: Do not enter any of these intraday stocks for today before the first 15-minute candle closes. Let the opening range establish itself between 9:15 AM and 9:30 AM. Enter only on a candle close above the entry zone for longs.
  2. Use Nifty 23,350 as the directional filter: If Nifty is trading above 23,350 and holding, all three intraday stocks for today have positive bias. If Nifty breaks below 23,350, reduce position size by 50% and tighten stop-losses.
  3. Book partial profits at Target 1: Exit 50% of position at Target 1 for SBI (Rs 985), ICICI Bank (Rs 1,260) and Wipro (Rs 210). Trail stop to cost on the remaining 50% and target Target 2.
  4. Mandatory 3:00 PM exit: Square off all intraday stocks for today positions by 3:00 PM IST without exception. Do not convert intraday positions to delivery on the basis of open profits. India VIX at 19.85 makes last-hour reversals more likely than usual.

Risks of Intraday Trading Today

  • Elevated VIX: India VIX at 19.85 is above 18, which historically increases the frequency of sharp intraday reversals. All three intraday stocks for today carry higher-than-normal whipsaw risk. Position sizing should be reduced to 50-70% of normal.
  • Iran geopolitical risk: Any sudden escalation in the Iran-Israel-US situation could spike crude oil above Rs 9,000 on MCX, triggering broad-based selling and invalidating today’s setups. Monitor headlines before and after the market opens.
  • IT sector contagion: If Infosys or TCS extends losses from yesterday’s decline, broader market sentiment could deteriorate rapidly, affecting even the banking names on this intraday stocks for today list. A Nifty break below 23,200 would be a stop signal for all positions.

Conclusion

The best intraday stocks to buy today on 4 June 2026 are SBI, ICICI Bank and Wipro, identified by Ankit Jaiswal and Kunal Singla at Univest after a careful analysis of 3 June’s session data. SBI’s momentum continuation setup from a strong +1.44% session, ICICI Bank’s breakout above key resistance at Rs 1,242, and Wipro’s oversold bounce catalysed by the June 5 buyback record date provide three distinct, high-conviction setups for today’s intraday stocks for today. Ankit Jaiswal recommends waiting for first 15-minute confirmation and using Nifty 23,350 as the key directional filter. Kunal Singla stresses that elevated VIX at 19.85 demands strict stop-loss compliance and reduced position sizing. All three of today’s best intraday stocks to buy today carry a minimum 1:1.3 risk-reward ratio at the defined entry zones, making them the most disciplined setups in the current volatile market environment.

Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. SEBI Reg: INH000012449 / INH000013776.

Frequently Asked Questions

What are the intraday stocks for today on 4 June 2026?

Ans. The intraday stocks for today on 4 June 2026 are SBI (entry Rs 965 to 972, target Rs 985, stop-loss Rs 952), ICICI Bank (entry Rs 1,238 to 1,245, target Rs 1,260, stop-loss Rs 1,222) and Wipro (entry Rs 202 to 205, target Rs 210, stop-loss Rs 198), selected by Ankit Jaiswal and Kunal Singla at Univest.

Why did Ankit Jaiswal and Kunal Singla select SBI, ICICI Bank and Wipro as intraday stocks for today?

Ans. Ankit Jaiswal selected SBI for momentum continuation after its +1.44% outperformance yesterday, ICICI Bank for its breakout above Rs 1,242 resistance, and Wipro for its buyback record date catalyst on 5 June. Kunal Singla validated the risk-reward for all three, confirming a minimum 1:1.3 ratio at the defined entry zones for these intraday stocks for today.

What is the entry level for SBI intraday today 4 June 2026?

Ans. SBI entry zone for today is Rs 965 to 972. Target 1 is Rs 985 and Target 2 is Rs 998. Stop-loss is Rs 952. Wait for a 15-minute candle close above Rs 965 before entering this intraday stock for today.

Why is Wipro an intraday stock for today on 4 June 2026?

Ans. Wipro is an intraday stock for today because its buyback record date is 5 June 2026 at Rs 250 per share, creating a near-term value support. The 6.22 Cr share volume on 3 June (above the 20-day average) signals accumulation ahead of the record date. Entry Rs 202 to 205, target Rs 210, stop-loss Rs 198.

How does GIFT Nifty affect intraday stocks for today on 4 June 2026?

Ans. GIFT Nifty near 23,495 indicates a broadly flat to marginally positive open on 4 June 2026. This neutral signal means today’s intraday stocks for today are driven by stock-specific setups rather than broad market momentum. Traders should still confirm the Nifty direction in the first 15 minutes before acting on the intraday stock for today picks.

 



Intraday Stocks for Today
Author: Ankit Jaiswal
Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.

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