Best Intraday Stocks for Today: Analysts Suggest Top Picks to Watch on 23 April

Wed Apr 22 2026

Intraday stocks for today on 23 April 2026 demand careful selection given yesterday’s volatile close. The right intraday stocks for today will be those with technical setups that can absorb the geopolitical noise and still deliver clean intraday moves. Yesterday’s session ended with the Nifty 50 closing near 24,417 after an intraday slump that saw the Sensex fall 662 points at its worst point, with the India VIX jumping over 4% as geopolitical anxiety around the US-Iran ceasefire resurfaced. Bank Nifty closed near 57,191, holding above the critical 57,000 support despite pressure on private banking stocks. FII flows remained net negative while DII buying cushioned the market at lower levels, setting up a mixed-to-cautious open for today’s trading session.

According to Univest research analysts Ankit Jaiswal and Kunal Singla, the broader market outlook remains cautiously neutral heading into today’s session. Despite yesterday’s volatility, select large-cap stocks are showing clean technical setups with identifiable catalysts that make them strong candidates as intraday stocks for today. Based on technical indicators and market trends, Jaiswal and Singla have highlighted a few intraday stocks for today that traders may consider watching in today’s session.

For today’s trading session, analysts suggest watching these intraday stocks for today: Reliance Industries, HDFC Bank, and Tata Steel. These are the three intraday stocks for today to keep on your radar on 23 April 2026.

Table of Contents

Below is the Overview of Intraday Stocks for Today:

In today’s trading session on 23 April 2026, the three intraday stocks for today flagged by Jaiswal and Singla cover three distinct sectors. Choosing intraday stocks for today across different sectors reduces the risk of a single macro event wiping out all positions simultaneously. These intraday stocks for today cut across energy and conglomerates, private banking, and metals — giving traders exposure to three distinct market themes. Reliance Industries is in focus ahead of its Q4 FY26 results board meeting on April 24, making pre-result positioning a clear near-term catalyst. HDFC Bank delivered an 8.05% year-on-year jump in Q4 FY26 net profit and has been recovering strongly from its 52-week low, offering a fundamentally backed technical setup. Tata Steel is a high-ATR momentum name approaching its 52-week high, with a fresh clean-energy manufacturing catalyst adding to the technical setup. All three are among the most liquid stocks on the NSE, making them ideal intraday stocks for today.

Reliance Industries Share

Share Price Target: Rs. 1,385 – Rs. 1,400

Market Capitalisation: Rs. 18,44,890 crores

Stop Loss: Rs. 1,330

Reliance Industries is one of the most compelling intraday stocks for today on 23 April 2026. Among all intraday stocks for today flagged by Univest analysts, Reliance carries the strongest pre-result catalyst. As the market heads into April 23, with the company’s Q4 FY26 results board meeting scheduled for April 24. Pre-result positioning — where traders take positions a session ahead of a major earnings announcement — is a well-established intraday pattern for Reliance, India’s largest company by market capitalisation. Yesterday’s close near Rs. 1,353 was marginally above the immediate support zone of Rs. 1,340 to Rs. 1,350, which has held firm across multiple sessions. The stock’s 200-day DMA stands near Rs. 1,419, making a move toward Rs. 1,385 to Rs. 1,400 achievable on positive sentiment. Q3 FY26 consolidated net profit came in at Rs. 18,645 crore, and Q4 is expected to reflect improved refining margins and Jio ARPU growth.

Ankit Jaiswal, Senior Research Analyst at Univest, has asked traders to watch Reliance Industries closely in today’s session, noting that the stock has formed a base near the Rs. 1,340 to Rs. 1,350 zone and that pre-result momentum trades in Reliance tend to attract institutional participation. Jaiswal points out that above-average volume at the open — if sustained — would be the key confirmation signal for today’s intraday stocks for today setup in Reliance.

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HDFC Bank Share

Share Price Target: Rs. 820 – Rs. 832

Market Capitalisation: Rs. 12,49,557 crores

Stop Loss: Rs. 788

HDFC Bank is the most fundamentally supported of today’s intraday stocks for today picks. For traders seeking a defensively positioned entry among today’s intraday stocks for today, HDFC Bank offers a clear earnings catalyst with defined technical levels. It is among the strongest fundamentally backed intraday stocks for today on 23 April 2026. Yesterday’s close near Rs. 799.90 came after an intraday session that saw the stock trade between Rs. 795.20 and Rs. 814.90 — a meaningful intraday range that signals strong two-way interest. The catalyst is clear: HDFC Bank reported a Q4 FY26 net profit of Rs. 20,350 crore, up 8.05% year-on-year, with advances growing 12% to Rs. 29,60,000 crore and deposits rising 14.4%. The stock’s 52-week low stands at Rs. 726.65 and it has already recovered over 10% from that level, suggesting the worst of the selling pressure is behind it. The Rs. 795 level has emerged as a near-term support base.

Kunal Singla, Associate Director at Univest, suggests HDFC Bank remains on the watchlist for today’s session as one of the most liquid high-quality intraday stocks for today. Singla notes that the Rs. 820 level is the first meaningful resistance, and a volume-backed move above it in today’s trading session would open a path to Rs. 830 to Rs. 832. He adds that the bank’s strong Q4 deposit and advances data provide a fundamental floor that limits downside risk in this intraday stocks for today pick, making it a relatively high-conviction setup for disciplined traders.

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Tata Steel Share

Share Price Target: Rs. 218 – Rs. 222

Market Capitalisation: Rs. 2,64,301 crores

Stop Loss: Rs. 205

Tata Steel rounds out today’s intraday stocks for today list as the highest-ATR name among the three intraday stocks for today. As an intraday stocks for today pick, Tata Steel is appropriate for traders who prefer wider range and volatility. The stock is a high-ATR momentum play approaching its 52-week high of Rs. 216.45. Yesterday’s close near Rs. 211.80 keeps the stock within 2.2% of its 52-week high, a technically significant proximity that often attracts breakout buyers. The fresh catalyst is Tata Steel’s partnership with SMS Group to deploy the EASyMelt technology at its Jamshedpur Blast Furnace E, targeting a reduction of over 50% in CO2 emissions — a development that has positive long-term ESG implications and near-term news flow value. The stock is up 52% over the past year and has delivered 23% in the last six months alone, making it one of the strongest large-cap momentum names in the metals space for intraday stocks to buy today.

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Global Cues Shaping Intraday Stocks for Today

The global backdrop heading into today’s intraday stocks for today session on 23 April is shaped by three key variables. Monitoring global cues is non-negotiable when trading intraday stocks for today — these variables can override any technical setup within minutes of a headline. Each of these global cues can shift the direction of today’s intraday stocks for today picks significantly.

US Markets and Ceasefire Extension: The S&P 500 fell 0.63% on Tuesday and the Dow lost 293 points as fears of a US-Iran ceasefire collapse weighed on sentiment. Post-market, President Trump extended the ceasefire, which should provide modest relief at Asia’s open. GIFT Nifty futures were quoting near 24,403 heading into today’s session — a slightly positive signal for today’s intraday stocks for today open.
Crude Oil Direction: Brent crude eased toward $94 per barrel following Trump’s ceasefire extension. Crude oil is the dominant swing variable for Reliance, one of today’s key intraday stocks for today, given the company’s refining margins and Jio’s energy cost sensitivity. A move above $97 would be an immediate negative trigger for intraday stocks in the energy and broader market space.
Dollar Index and FII Flows: The Dollar Index has been holding in the 103 to 104 range. A stable rupee around Rs. 92 to Rs. 93 per dollar reduces import cost pressure and is broadly positive for Indian equities. Watch FII activity in the first hour as a confirmatory signal for the direction of today’s session and the three intraday stocks for today.

Impact on the Indian Stock Market

VIX Elevated at 19+: India VIX rising toward 19 to 20 signals heightened near-term volatility expectations. For traders in intraday stocks for today, elevated VIX means wider intraday ranges — which is positive for potential profit on the upside but requires tighter stop-loss discipline to protect capital on adverse moves.
Pre-Result Season Positioning: Several Nifty 50 companies including Reliance Industries are announcing Q4 FY26 results this week. When tracking intraday stocks for today, pre-result sessions are among the highest-opportunity windows for intraday stocks for today — stocks with strong earnings expectations attract buyers a session ahead of results, while disappointments can trigger sharp reversals — stocks with strong earnings expectations tend to attract buyers a session ahead of results, while disappointments can trigger sharp reversals.
DII Support as a Structural Floor: Domestic institutional investors have been consistently buying on dips, with DII net buying above Rs. 2,900 crore in recent sessions. This DII support acts as a structural floor for the Nifty 50 and provides underlying stability that benefits intraday stocks for today. Traders in intraday stocks for today can use DII buying signals as a confidence indicator — sessions with DII net buying above Rs. 2,000 crore historically produce more sustained intraday trends in large-cap stocks, making them better days for acting on intraday stocks for today recommendations.

Intraday Trading Strategy for Today

Intraday stocks for today require a disciplined approach that is especially critical in high-VIX environments. The three intraday stocks for today — Reliance, HDFC Bank and Tata Steel — each demand a slightly different risk profile. Traders looking to act on today’s intraday stocks for today picks should follow a structured approach that prioritises capital protection alongside reward capture. Given elevated VIX and geopolitical binary risk around the ceasefire, position sizing and stop-loss adherence are non-negotiable in today’s intraday stocks for today session.

Use Strict Stop Loss: All three of today’s intraday stocks for today carry defined stop-loss levels — Rs. 1,330 for Reliance, Rs. 788 for HDFC Bank, and Rs. 205 for Tata Steel. Never widen a stop loss once a trade is live. The elevated VIX environment means any adverse news headline can move these stocks beyond normal intraday ranges in minutes.
Manage Position Size: With India VIX above 19, the maximum risk per trade in today’s intraday stocks for today should be capped at 0.5% to 0.75% of trading capital. Larger position sizes amplify both gains and losses in high-volatility sessions, and today’s market environment warrants conservative sizing.
Monitor Global News Through the Session: The US-Iran ceasefire situation remains the dominant macro variable. Any headline around renewed hostilities, a Strait of Hormuz closure, or crude above $97 would be an immediate signal to exit all open intraday positions in today’s intraday stocks for today picks, regardless of current profit or loss.
Liquidity Focus: Stick to the three stocks highlighted — Reliance, HDFC Bank and Tata Steel — which are among the top-five most liquid NSE stocks by turnover. Liquid high volatility stocks ensure tight bid-ask spreads and reliable order execution at the stated entry and stop-loss levels, critical for any intraday stocks to buy today strategy.

How to Choose the Best Intraday Stocks for Today

Intraday stocks for today work best when chosen methodically — combining technical setup quality with a fundamental or news-based catalyst. Relying on either factor alone when picking intraday stocks for today reduces the probability of a sustained intraday move. The best intraday stocks for today meet at least three of the following criteria: they are highly liquid (top 50 NSE stocks by turnover); they have a specific catalyst today or this week (results, news, sector rotation); they are positioned near a defined support or resistance level that limits downside risk; and they show pre-market volume signals or GIFT Nifty alignment.

Ankit Jaiswal, Senior Research Analyst at Univest, recommends that traders develop a pre-market routine to identify the best intraday stocks for today. He suggests checking GIFT Nifty at 6 AM, scanning the top 10 pre-open movers for volume surges by 9:10 AM, and cross-referencing with the Univest stock market predictions for tomorrow article for directional bias. He notes that the best intraday stocks for today are those where the technicals and catalyst align — not just technical breakouts in isolation or news plays without price confirmation.

For 23 April 2026 specifically, the best intraday stocks for today in the large-cap space should be limited to stocks above their VWAP in the opening 15 minutes. Traders should wait for a clean 15-minute candle close above or below a key level before entering, rather than entering at the open. Opening-range breakouts — where a stock moves decisively out of its first 15-minute high-low range on expanding volume — have historically produced the most reliable intraday stocks to buy today outcomes in liquid NSE names like Reliance and HDFC Bank.

High volatility stocks like Tata Steel and Reliance deliver wider intraday ranges and higher potential profits, but also carry greater risk of stop-loss hits in adverse conditions. Balancing one high-volatility intraday pick with two relatively stable large-cap names — as today’s selection does — is a sound portfolio approach for high volatility stocks in a geopolitically uncertain session. For more intraday research, refer to the Univest intraday stocks to buy today guide.

Risks of Intraday Trading

Understanding the risks of trading intraday stocks for today is essential before placing any order in today’s session. The best-performing intraday stocks for today can still result in losses if risk parameters are ignored.

Intraday trading in even the best intraday stocks for today carries risks. Understanding these risks is as important as picking the right intraday stocks for today. that traders must understand before deploying capital in today’s session:

Geopolitical Binary Risk: The US-Iran ceasefire situation can trigger sharp gap moves at any point during today’s trading session. Even fundamentally strong intraday stocks for today can gap down 2 to 3% on a negative headline, cutting through stop-loss levels if the move is too fast for order execution.
Pre-Result Volatility: Reliance Industries reports Q4 FY26 results on April 24. Pre-result trades can reverse sharply if analyst estimates are leaked, revised, or if any early guidance commentary emerges. Traders should consider exiting Reliance intraday positions well before the market close to avoid carrying pre-result overnight risk.
Overtrading in High-VIX Sessions: When India VIX is above 19, intraday ranges are wider and price action is more erratic. Managing multiple intraday stocks for today simultaneously in a high-VIX session demands more attention and faster decision-making. Prioritise the highest-conviction setup among today’s intraday stocks for today rather than trading all three intraday stocks for today at once — concentration of capital in one well-chosen intraday stocks for today pick outperforms a scattered approach in volatile sessions.
Execution Risk in Illiquid Moments: Even in liquid large-cap stocks, moments of thin liquidity — typically in the first 5 minutes of the session and in the last 15 minutes before close — can result in slippage on stop-loss orders. Use limit orders where possible rather than market orders for today’s intraday stocks for today stop-loss execution.

Conclusion

Today’s intraday stocks for today on 23 April 2026 — Reliance Industries, HDFC Bank, and Tata Steel — represent a well-balanced selection across large-cap energy, private banking, and metals, each backed by a clear technical setup and a specific catalyst. Ankit Jaiswal, Senior Research Analyst at Univest, has flagged Reliance for its pre-result momentum potential and HDFC Bank for its strong Q4 fundamental recovery. Kunal Singla, Associate Director at Univest, has noted that both HDFC Bank and Tata Steel show constructive chart structures that align with today’s cautiously positive broader market tone.

As always with the best intraday stocks for today, selecting intraday stocks for today is only half the battle. Intraday stocks for today perform according to the discipline applied to trading them — not just the quality of the picks. Execution discipline — respect for stop losses, appropriate position sizing, and real-time monitoring of global cues — will determine outcomes more than stock selection alone. Traders are encouraged to refer to the 52 week low stocks today article for context on broader market stress names, and to use the Univest app for live tracking of today’s intraday stocks for today positions.

FAQs

What are intraday stocks for today?

Ans. Intraday stocks for today are shares selected for buying and selling within a single trading session, with positions squared off before the market closes at 3:30 PM IST. Intraday stocks for today are chosen based on technical setup quality, liquidity, and a specific catalyst such as earnings results, sector news or global cue alignment. The best intraday stocks for today deliver a meaningful price move within the session, allowing traders to capture 1 to 3% intraday returns. Traders identify intraday stocks for today using pre-market scanners, analyst watchlists and volume-based filters.

Which intraday stocks for today should traders watch as per analyst recommendation?

Ans. As per Univest analysts Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, the intraday stocks for today on 23 April 2026 to watch are Reliance Industries (target Rs. 1,385 to Rs. 1,400, SL Rs. 1,330), HDFC Bank (target Rs. 820 to Rs. 832, SL Rs. 788), and Tata Steel (target Rs. 218 to Rs. 222, SL Rs. 205). These are watchlist picks — not buy/sell recommendations.

What factors should traders consider before choosing intraday stocks for today?

Ans. Before finalising intraday stocks for today, traders must evaluate five filters: liquidity (top NSE stocks by turnover), a defined technical setup, a specific fundamental catalyst, pre-market signals, and India VIX level. The quality of intraday stocks for today selection is determined by how many of these five filters align simultaneously for each candidate intraday stock for today. All five factors together define the quality of an intraday setup.

How can investors identify the top intraday stocks for today to buy?

Ans. The best intraday stocks to buy today are identified by scanning pre-open movers for volume surges above 5x the 10-day average, checking for VWAP alignment in the opening 15 minutes, confirming a fundamental catalyst, and referencing SEBI-registered analyst picks. For identifying intraday stocks for today, the Univest app provides a pre-market research module specifically designed to filter the best intraday stocks for today from thousands of listed stocks. Consistently applying this filter across sessions is how experienced traders build repeatable returns from intraday stocks for today.

Why do traders prefer high volatility stocks for intraday trading?

Ans. Traders prefer high volatility stocks for intraday trading because wider intraday ranges create larger profit opportunities within a single session without overnight holding risk. High volatility stocks like Tata Steel and Reliance Industries consistently deliver 1.5% to 3% intraday ranges. When evaluating intraday stocks for today, high-ATR names like these are preferred by experienced traders because a 2% move on an intraday position generates the same absolute return as a much larger position in a low-ATR stock. High volatility stocks within the intraday stocks for today selection, however, also carry proportionally higher loss risk if stop losses are not respected, making position sizing in these intraday stocks for today critical.