Intraday Stocks for Today: Eternal, L&T and BPCL Lead Analyst Picks for 16 June 2026

The intraday stocks for today, 16 June 2026, are Eternal, Larsen and Toubro, and BPCL, three momentum names that led Monday’s session as the Nifty closed at 23,856.55, up 0.95 percent. The market gapped up to 24,011 before fading, banking paused, and capital goods and energy carried the tape, a setup that points these three into Tuesday’s weekly expiry.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, track the strongest intraday stocks for today’s session. Both are watching momentum continuation on Tuesday, with the caveat that the Nifty weekly expiry and the build-up to Wednesday night’s Fed statement can reshape the intraday tape.

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What Are Intraday Stocks for Today?

Intraday stocks for today are shares selected for buying and selling within the same trading session, with positions squared off before the market closes at 3:30 PM. The selection leans on momentum, liquidity and clean technical levels rather than long-term fundamentals. A good intraday stocks for today, candidate moves enough to matter, trades enough volume to enter and exit easily, and respects support and resistance well enough that a stop loss actually protects you. Monday’s session produced exactly this profile in the consumer, capital goods and energy names, which is where Tuesday’s picks come from.

Today’s Market Overview

• Market direction: Nifty 50 closed at 23,856.55 on Monday, up 0.95 percent, but faded from a high of 24,011.40, leaving 24,000 as the wall to clear on Tuesday
• Key sectors: Realty, consumer durables and autos led the rate-sensitive rally, while banking paused and IT stayed flat ahead of the Fed
• Volatility and expiry: India VIX cooled to 14.35, and Tuesday is the Nifty weekly options expiry, which typically lifts intraday swings

Watch List: Today’s Intraday Picks with Levels

Stock	Monday Close (Rs)	Change	Target (Rs)	Stop Loss (Rs)
Eternal	252.00	+3.36%	256.40	248
Larsen and Toubro	4,169.80	+2.98%	4,213	4,128
BPCL	310.60	+2.73%	315.30	307

Eternal: Intraday Stocks for Today

Share Price Target: Rs 256.40 | Stop Loss: Rs 248 | Market Cap: around Rs 2,27,000 Cr

Eternal surged 3.36 percent on Monday to close at 252.00, the top Nifty 50 gainer, on heavy volume of nearly 4 crore shares. The stock ranged between 248.05 and 256.65 and closed strong. Ankit Jaiswal is watching the 256.65 to 256.40 zone, the Monday high into the first pivot resistance, with the pivot support band at 247.80 to 248 defining the risk.

It qualifies because the momentum is fresh and the volume confirms conviction, the cleanest continuation setup on the board. A move above the Monday high of 256.65 would open the next leg, while a slip below 248 invalidates the trade.

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Larsen and Toubro: Intraday Stocks for Today

Share Price Target: Rs 4,213 | Stop Loss: Rs 4,128 | Market Cap: around Rs 5,57,000 Cr

Larsen and Toubro gained 2.98 percent on Monday to close at 4,169.80, holding back above the 4,000 mark with a session range of 4,130 to 4,214.90. Kunal Singla is watching the 4,214 to 4,213 zone, the Monday high into pivot resistance, with 4,128 as the stop loss reference just below the pivot support.

It qualifies because the capital goods and infrastructure theme is leading the market’s recovery, and L&T is the cleanest large-cap proxy for it. A sustained move above 4,215 targets fresh highs, while 4,128 caps the downside risk.

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BPCL: Intraday Stocks for Today

Share Price Target: Rs 315.30 | Stop Loss: Rs 307 | Market Cap: around Rs 1,29,000 Cr

BPCL rose 2.73 percent on Monday to close at 310.60, extending its run as crude oil kept sliding on US-Iran de-escalation. The day range ran 308.75 to 316.75, and Ankit Jaiswal is watching the 316.75 to 315.30 zone, the Monday high into pivot resistance, with the 307 to 307.30 pivot support band anchoring the stop loss.

It qualifies because the driver stays live: every fresh leg down in crude expands oil marketing margins, and MCX crude fell again to around 7,595. Falling crude remains the cleanest single-variable trade for the session.

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Intraday Trading Strategy for Today’s Session

• Let the open settle: The weekly expiry and overnight cues can whip the first 15 minutes, waiting avoids the chop
• Trade with the leaders: Consumer, capital goods and energy led Monday, so longs in those names carry the trend behind them
• Honour the stop loss: Every pick above has a defined exit, and an expiry day makes discipline more valuable than conviction
• Book in stages: Take partial profits at the first target and trail the rest, expiry days reward riders who protect gains

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Risks of Intraday Trading Today

• Expiry whipsaw: The Nifty weekly expiry can pin prices toward written strikes and produce sharp two-way moves
• Pre-Fed caution: With the Fed statement due late Wednesday night, traders may stay light, thinning intraday momentum
• Crude reversal: The BPCL trade inverts instantly if crude rebounds on negative weekend news, the same driver cuts both ways

Conclusion

The intraday stocks for today, 16 June 2026, ride the three strongest currents from Monday’s session, Eternal on momentum and volume, L&T on the capital goods leadership, and BPCL on crashing crude. Ankit Jaiswal and Kunal Singla frame all three with pivot-based targets and stop losses computed from Monday’s actual range, and both stress smaller position sizes on a weekly expiry day with the Fed ahead. For traders searching the best intraday stocks for today to buy, the watch list above carries the levels, and the Univest app tracks every pick live through the session.

FAQs on Intraday Stocks for Today

What are the best intraday stocks for today, 16 June 2026?

Ans. The intraday stocks for today are Eternal, Larsen and Toubro, and BPCL. Eternal closed at 252.00 on Monday, up 3.36 percent as the top Nifty gainer, L&T closed at 4,169.80, up 2.98 percent back above 4,000, and BPCL closed at 310.60, up 2.73 percent as crude oil kept sliding. All three carry pivot-based targets and stop loss levels for Tuesday’s session.

Who picks the intraday stocks for today on Univest?

Ans. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, track the daily setups. Both are watching momentum continuation names for Tuesday after Monday’s gap-up session, while noting that the Nifty weekly expiry can lift intraday volatility sharply.

What levels should traders watch on Eternal, L&T and BPCL today?

Ans. Eternal has a pivot resistance near 256.40 with support around 247.80, L&T faces resistance near 4,213 with support around 4,128, and BPCL has resistance near 315.30 with support around 307.30. These levels come from Monday’s high, low and close using the standard pivot framework.

Is the weekly expiry a good day for intraday trading?

Ans. Tuesday 16 June is the Nifty weekly options expiry, which lifts intraday volatility and can pin prices toward heavily written strikes. That creates opportunity but also sharp two-way swings, so position sizes should be smaller than usual and stop losses are non-negotiable, especially with the US Fed statement due late Wednesday night.

How should beginners trade intraday stocks for today?

Ans. Beginners should trade only with strict stop losses, avoid averaging losing positions, book partial profits at the first target and square off before the close. Each pick above comes with defined risk levels, and the Univest app provides live tracking with entry, target and stop loss alerts.