Intraday Stocks for Today: ICICI Bank, SBI and Bajaj Finance Levels After Thursday’s Weak Close

ICICI Bank up 0.97%. Bajaj Finance up 1.74%. SBI up 0.73%. Nifty down 0.54%. Thursday close, data pulled 22 Oct 2026, 3:45 PM IST.

Thursday was a day to find strength, not chase it. The Nifty fell 0.54 percent to 22,687.65 and only Nifty Pharma and Nifty PSU Bank closed higher among the sectors checked, so a stock that rose and held its high into the close stands out. ICICI Bank, State Bank of India and Bajaj Finance did exactly that on volume that makes an intraday exit practical.

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Ankit Jaiswal (Senior Research Analyst) and Kunal Singla (Associate Director) at Univest have put three names on the watchlist for today’s session. Ankit Jaiswal flags the setups, and Kunal Singla flags the stop-loss discipline each trade needs.

Intraday Stocks for Today: Targets, Stop-Losses and Market Caps

Stock	CMP (Rs)	Target (Rs)	Stop-Loss (Rs)	Market Cap (Rs Cr)
ICICI Bank	1,398.50	1,418.50	1,385.17	10,04,108
State Bank of India	970.00	983.74	960.84	8,96,222
Bajaj Finance	942.10	963.82	927.62	5,85,977

CMP is Thursday’s close. Market caps are adjusted to Thursday’s close. Targets and stop-losses are levels to watch for today’s session, not forecasts.

How These Intraday Stocks for Today Were Screened

• A rise of more than 0.7 percent on Thursday, a day the Nifty fell 0.54 percent.
• A close in the top quarter of the day’s high-low range, which shows buyers held into the close.
• Turnover above Rs 500 crore, measured as shares traded multiplied by the closing price, so an intraday exit is practical.

Three stocks passed all three tests among the movers reviewed. Cipla, Zydus Lifesciences, Torrent Pharmaceuticals, Sun Pharmaceutical Industries and Indian Oil Corporation also rose and closed near their highs, but each traded below Rs 500 crore, so an exit would be harder.

Also read – Intraday Stocks for Today: Infosys, HCL Tech and Tech Mahindra Levels After a 2.88% IT Rally

Intraday Stocks for Today: Setup, Levels and Why Each Qualifies

1. ICICI Bank: Closed 93% Up Its Range on 1.61 Crore Shares

ICICI Bank closed at Rs 1,398.50, up 0.97 percent, on 1.61 crore shares, the heaviest turnover of the three. It opened at Rs 1,379, hit Rs 1,400 and closed 93 percent of the way up its range, 3.8 percent above the 20-day average of Rs 1,347.69.

The setup is a test of Rs 1,419.67, the upper SuperTrend band, which sits 1.5 percent above the close, with the SuperTrend support at Rs 1,314.36. Ankit Jaiswal flags Rs 1,418.50 as the target, and Kunal Singla flags Rs 1,385.17, 0.95 percent below the close, as the stop-loss. Market cap is Rs 10,04,108 crore, and the RSI of 67.4 is the highest of the three.

2. State Bank of India: Closed 96% Up Its Range Above the 20-Day Average

State Bank of India closed at Rs 970, up 0.73 percent, on 57.6 lakh shares. It opened at Rs 959.55, hit Rs 970.90 and closed within 90 paise of its high, 0.8 percent above the 20-day average of Rs 962.40.

The setup is a push toward Rs 996.09, the upper SuperTrend band, though the SuperTrend is still bearish. Ankit Jaiswal flags Rs 983.74 as the target, and Kunal Singla flags Rs 960.84, 0.94 percent below the close, as the stop-loss. Market cap is Rs 8,96,222 crore, and the MACD of minus 9.45 is above its signal line of minus 13.63.

Scan Live Intraday Movers and Volume Spikes on the Univest Screener

3. Bajaj Finance: Closed at Its High After a 1.74% Rise

Bajaj Finance closed at Rs 942.10, up 1.74 percent, exactly at its high of the day, on 1.06 crore shares. It opened at Rs 907.45 and never traded below Rs 907.40, so buyers held the whole session.

The setup is a recovery attempt, because the close is 2.7 percent below the 20-day average of Rs 968.57 and the SuperTrend is bearish with its upper band at Rs 1,011.01. Ankit Jaiswal flags Rs 963.82 as the target, and Kunal Singla flags Rs 927.62, 1.54 percent below the close, as the stop-loss. Market cap is Rs 5,85,977 crore, and the RSI of 45.8 leaves room before overbought levels.

Download the Univest iOS App or Univest Android App to track these three setups, set price alerts and follow live levels.

Intraday Trading Strategy for Today’s Session

• Let the first 15 to 30 minutes of today’s session pass, because a stock that closed at its high often gaps and then reverses.
• Act only if the price holds above Thursday’s close, and skip the trade if the stock opens beyond its target.
• Place the stop-loss with the order and size the position so a stop-out costs an amount you accept.
• Close the position before the session ends, and do not average down on a loss.

Risks of Intraday Trading Today

• All three stocks are financials, so a sector reversal can trigger all three stop-losses together, and IndusInd Bank reports results today.
• Infosys announces results at about 3:45 pm, late in today’s session, and an index-wide move can override a single stock’s setup.
• The Nifty fell 0.54 percent and Nifty 500 fell 0.65 percent on Thursday, so a stock that rose against the market can also give back its gain quickly.

Also read – Stocks to Watch Today: Jio Issue Day Two, Eternal’s Profit Miss and a 10% Jump in L&T Technology Services

Conclusion

The intraday stocks for today share one story: financial stocks that rose and held their highs on a day the Nifty fell 0.54 percent. Ankit Jaiswal and Kunal Singla suggest watching the first candles of today’s session and keeping the 3:45 pm Infosys results in mind, because an index-wide move can override a single setup. Observe every stop-loss and consult a SEBI-registered adviser before you trade.

Frequently Asked Questions

What are the intraday stocks for today?

Ans. The intraday stocks for today are ICICI Bank, State Bank of India and Bajaj Finance, chosen from Thursday’s close because each rose over 0.7 percent, closed near its high and traded more than Rs 500 crore.

What is the target and stop-loss for ICICI Bank today?

Ans. ICICI Bank closed at Rs 1,398.50. The target is Rs 1,418.50 and the stop-loss is Rs 1,385.17 for today’s session, a reward-to-risk of 1.5.

Why are all three intraday stocks financials?

Ans. Few stocks rose against a falling Nifty on Thursday, and these three combined a close near the high with turnover above Rs 500 crore. That also means sector concentration is a risk.

How were these intraday stocks screened?

Ans. The screen required a rise above 0.7 percent, a close in the top quarter of the day’s range and turnover above Rs 500 crore, measured as shares traded multiplied by the closing price.

How are the targets and stop-losses calculated?

Ans. The target is Thursday’s close plus 0.75 times the 14-day average daily range, and the stop-loss is the close minus 0.5 times that range, which gives a reward-to-risk of 1.5.

Which intraday stock closed at its high?

Ans. Bajaj Finance closed at Rs 942.10, exactly at its high of the day, after a rise of 1.74 percent on 1.06 crore shares.

Is intraday trading risky?

Ans. Yes. Prices can gap through a stop-loss, and a reversal can erase a gain within minutes, so use a stop-loss on every trade and risk only capital you can afford to lose.

Should I buy all three intraday stocks today?

Ans. Not necessarily. All three are financial stocks and can move together, so holding all three doubles up on one risk. Consult a SEBI-registered adviser before you trade.