Intraday Stocks for Today 5 June 2026: SBI, REC and Cipla With Entry, Target and Stop-Loss
- June 5, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Intraday stocks for today 5 Jun 2026: SBI Rs 979.25 (+0.91%), REC Rs 335.20 (+2.93%), Cipla Rs 1,398.70 (+1.71%). RBI MPC 10 AM. VIX 15.89.
The intraday stocks for today on 5 June 2026 are SBI, REC and Cipla, three names that combine event-driven momentum, technical breakouts and high-volume confirmation from the 4 June session. The best intraday stocks to buy today have been selected by Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, based on three strict criteria: a session-specific catalyst, above-average NSE volume, and a technically defined entry zone with a clearly placed stop-loss. The most critical event shaping all intraday stocks for today is the RBI MPC policy announcement at 10 AM on 5 June 2026, where Governor Sanjay Malhotra will announce the repo rate decision after three days of deliberations.
Nifty 50 closed at 23,416.55 (++0.47%) on 4 June with India VIX declining sharply to 15.89 from 16.28, a 2.39% drop that signals reduced near-term volatility and improved intraday directional reliability. Bank Nifty settled at 54,307.85 (++0.22%), outperforming Nifty 50 for the second consecutive session, with SBI and REC among the top performers. These conditions create an ideal backdrop for the three intraday stocks for today on 5 June 2026, all of which carry a minimum 1:1.4 risk-reward ratio at the defined entry zones.
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Market Snapshot: Pre-Market Data for Intraday Stocks for Today 5 June 2026
- Nifty 50 (4 June close): 23,416.55 (++0.47%), high 23,465.30, low 23,247.30. Recovered strongly from the intraday low to close above 23,400.
- Bank Nifty (4 June close): 54,307.85 (++0.22%), high 54,461. PSU banking stocks led; SBI +0.91% was the standout performer.
- India VIX: 15.89 (-2.39% from 16.28). Below 16 is the key threshold that historically supports clean intraday stock setups with lower whipsaw probability.
- FII/DII (3 June): FII net Rs -5,616.56 Cr; DII net Rs +5,740.89 Cr. DII buying absorbed FII selling, preventing a deeper correction.
- RBI MPC Decision: 10 AM on 5 June 2026. Repo rate at 5.25%; consensus expects hold with neutral stance. This is the primary directional trigger for all intraday stocks for today.
- RBI Press Conference: 12 PM IST. Forward guidance from Governor Malhotra could create a second intraday wave for banking and NBFC stocks.
- Dow Jones (2 June): 51,078.88 (+0.09%). US markets stable; no major overnight risk-off signal for intraday stocks today.
- Nasdaq (2 June): 27,086.81 (+0.42%). US tech recovering marginally; limited direct impact on today’s intraday picks which are domestic-event driven.
- Session type: No weekly F&O expiry today. Regular session with RBI event creating the primary intraday catalyst at 10 AM.
With VIX at a multi-session low and the RBI MPC event creating a definable catalyst at 10 AM, the three intraday stocks for today — SBI, REC and Cipla — are positioned around clear technical levels that will either confirm or invalidate the intraday thesis within the first 30 minutes of the announcement. Traders looking for stocks to buy today for intraday trading should note that these setups are event-dependent and require first-15-minute candle confirmation before entry.
Intraday Stocks for Today: Risk-Reward Summary Table
| Stock | CMP (4 Jun) | Entry Zone | Target 1 | Target 2 | Stop-Loss | Risk-Reward | Catalyst |
|---|---|---|---|---|---|---|---|
| SBI | Rs 979.25 | Rs 975 to 982 | Rs 998 | Rs 1,010 | Rs 962 | 1:1.5 | RBI MPC dovish hold |
| REC | Rs 335.20 | Rs 330 to 336 | Rs 348 | Rs 356 | Rs 322 | 1:1.5 | Power NBFC breakout |
| Cipla | Rs 1,398.70 | Rs 1,390 to 1,400 | Rs 1,420 | Rs 1,438 | Rs 1,374 | 1:1.4 | Pharma momentum continuation |
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1. SBI (SBIN) — Intraday Stock for Today 5 June 2026
CMP (4 June Close): Rs 979.25 | Change: ++0.91% | Session High: Rs 985.80 | Session Low: Rs 961.10 | Volume: 1.89 Cr | Sector: Banking (PSU)
Entry Zone: Rs 975 to 982 | Target 1: Rs 998 | Target 2: Rs 1,010 | Stop-Loss: Rs 962 | Setup: RBI MPC Event Play + Momentum Continuation
SBI is the top pick among intraday stocks for today on 5 June 2026 because it is the most direct beneficiary of the RBI MPC decision at 10 AM. The stock gained ++0.91% on 4 June to close at Rs 979.25, printing a session high of Rs 985.80 and closing near that high with volume of 1.89 Cr shares, above its 20-day average. This closing pattern — a strong advance that holds near the day’s high — is among the most reliable signals for an intraday stock for today continuation setup. SBI opened at Rs 969.90, recovered from an early session low of Rs 961.10, and accelerated into close, a V-shaped recovery that reflects institutional accumulation rather than retail buying.
Ankit Jaiswal, Senior Research Analyst at Univest, identifies SBI as the highest-conviction intraday stock to buy today, observing that the entry zone of Rs 975 to 982 corresponds to yesterday’s value area (the price range where 70% of volume traded), providing a high-probability entry for the RBI event trade. He notes that a 10 AM RBI rate hold with neutral-to-dovish commentary would provide an immediate trigger for SBI to test Rs 998, and that the Rs 962 stop-loss is placed below yesterday’s value area low and the Rs 960 support level.
Kunal Singla, Associate Director at Univest, validates the risk-reward for this intraday trading stock for today: from the Rs 975 to 982 entry midpoint of Rs 978, the risk to stop-loss at Rs 962 is Rs 16, while the reward to Target 1 at Rs 998 is Rs 20, giving a 1:1.25 ratio. At Target 2 of Rs 1,010, the reward rises to Rs 32, giving a 1:2 ratio. He also flags the key watch level at Rs 985.80: a pre-RBI trade above this level on 5 June morning would signal that institutional buyers are active ahead of the announcement, which would be the strongest confirmation for this intraday stock for today.
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2. REC (RECLTD) — Intraday Stock for Today 5 June 2026
CMP (4 June Close): Rs 335.20 | Change: ++2.93% | Session High: Rs 336.20 | Session Low: Rs 325.10 | Volume: 88.44 L | Sector: NBFC — Power Finance
Entry Zone: Rs 330 to 336 | Target 1: Rs 348 | Target 2: Rs 356 | Stop-Loss: Rs 322 | Setup: Breakout Continuation + RBI Rate Sensitivity
REC was the strongest gainer across all major NSE stocks on 4 June 2026, advancing ++2.93% to close at Rs 335.20 from a previous close of Rs 325.65. This is a gain of Rs 9.55 in a single session, the largest single-day move for REC in several weeks. The session high was Rs 336.20 and volume was 88.44 L shares, significantly above the 20-day average. REC qualifies as one of the best intraday stocks for today because the +2.93% breakout above prior resistance at Rs 325-326 has now established that level as a new support floor, creating a defined technical base for the intraday trading stock for today setup.
Ankit Jaiswal, Senior Research Analyst at Univest, notes that REC’s breakout is directly connected to the RBI MPC event. REC, as a power sector NBFC, borrows from the market at rates linked to the repo rate. A dovish RBI hold that signals no near-term rate hikes reduces REC’s cost of funds outlook, which is directly positive for its NIM trajectory. He observes that the entry zone of Rs 330 to 336 allows traders to participate in a potential consolidation gap-fill at the open, and that a clean hold above Rs 330 in the first 15 minutes confirms the intraday buy thesis for this stock to buy today for intraday.
Kunal Singla flags REC as the highest momentum intraday stock for today from a pure technical standpoint. He notes that the +2.93% close near the session high of Rs 336.20 indicates unfulfilled upside demand, and that the Rs 348 Target 1 corresponds to the 52-week resistance zone where selling interest has historically emerged. He recommends booking 50% at Rs 348 and trailing the balance to Target 2 at Rs 356 only if the RBI commentary is clearly dovish beyond consensus expectations for the intraday stock for today.
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3. Cipla (CIPLA) — Intraday Stock for Today 5 June 2026
CMP (4 June Close): Rs 1,398.70 | Change: ++1.71% | Session High: Rs 1,404.90 | Session Low: Rs 1,354.00 | Volume: 15.49 L | Sector: Pharma
Entry Zone: Rs 1,390 to 1,400 | Target 1: Rs 1,420 | Target 2: Rs 1,438 | Stop-Loss: Rs 1,374 | Setup: Momentum Continuation + Defensive Sector Demand
Cipla is the third pick among intraday stocks for today for a different reason than SBI and REC: it is a defensive play that benefits from sector rotation into pharma when broader market uncertainty exists ahead of a major event like the RBI decision. Cipla surged ++1.71% on 4 June, its strongest single-day performance in several sessions, closing at Rs 1,398.70 against a previous close of Rs 1,375.20. The stock printed a high of Rs 1,404.90, opened the session at Rs 1,365.00, found a low of Rs 1,354.00, and recovered strongly in the second half of trade, indicating defensive accumulation by institutional investors ahead of today’s RBI event. Volume of 15.49 L shares was nearly double the prior session, confirming genuine directional participation.
Ankit Jaiswal observes that Cipla’s +1.71% session comes against a backdrop of strong domestic formulations volume growth and positive analyst coverage on its US respiratory drug pipeline. He notes that the entry zone of Rs 1,390 to 1,400 for this intraday stock for today covers the likely consolidation range in the first 15 minutes post-open, and that a clean 15-minute candle close above Rs 1,400 — which was yesterday’s high of Rs 1,404.90 — would be the trigger for Target 1 at Rs 1,420. He places the stop-loss at Rs 1,374, which is below yesterday’s session midpoint and the Rs 1,375 prior resistance.
Kunal Singla highlights Cipla as the most risk-insulated intraday stock to buy today because pharma’s defensive characteristics mean that if the RBI is unexpectedly hawkish and banking stocks sell off, Cipla is likely to hold its levels or even attract additional defensive buying. This makes Cipla the portfolio hedge among today’s three intraday stocks for today picks, offering protection against the tail risk of a negative RBI surprise while still providing a Rs 20-40 upside to the two targets from the entry zone.
Download the Univest iOS App or Univest Android App to track Cipla live price and get real-time pharma sector alerts.
What Are Intraday Stocks for Today?
Intraday stocks for today are shares that traders buy and sell within the same trading session on NSE or BSE, between 9:15 AM and 3:30 PM IST, without carrying any overnight position. The best intraday stocks to buy today are identified by three qualities: a session-specific catalyst providing directional bias, sufficient volume for clean execution, and a technical entry zone with a pre-defined stop-loss. Today’s intraday stocks for today — SBI, REC and Cipla — all carry these three qualities, with the RBI MPC decision at 10 AM acting as the shared macro catalyst. This is different from typical sessions where multiple competing catalysts make intraday direction harder to call. When a single known event dominates the day’s price action, as is the case with the RBI decision for today’s intraday stocks, the probability of clean directional moves post-announcement is higher than on regular sessions.
Intraday Trading Strategy for Today 5 June 2026
- Do not enter before 9:45 AM: Let the opening 30 minutes establish the pre-RBI range. The first candle often has exaggerated moves from overnight positions being squared off. The best entry for all three intraday stocks for today is after the pre-RBI opening range is established.
- RBI Decision Rule at 10 AM: If the RBI announces a rate hold with neutral-to-dovish tone: SBI and REC entries are confirmed; watch for a 5-minute candle break above Rs 985.80 for SBI and Rs 336.20 for REC. If the RBI is hawkish or hikes: avoid SBI and REC; consider Cipla long only above Rs 1,404.90.
- First 15-minute candle rule: Enter the intraday stock for today only after the first 15-minute candle post-RBI announcement closes in the direction of the trade. This reduces false breakout risk significantly.
- Book 50% at Target 1: For all three intraday stocks to buy today, exit 50% of position at Target 1. Move stop-loss to cost on remaining 50% and hold for Target 2.
- Mandatory exit by 3:00 PM: Square off all intraday stocks for today positions by 3:00 PM IST without exception. With VIX at 15.89, last-hour reversals on RBI event days are common as traders square off positions.
- Nifty 50 directional filter: Use Nifty 23,416.55 as the key reference. If Nifty is trading above 23,416.55 post-RBI, all three intraday picks are valid. If Nifty is below 23,300, reduce position size by 50% on all intraday stocks for today.
How the RBI MPC Decision Affects Intraday Stocks for Today
The RBI MPC announcement at 10 AM on 5 June 2026 is the dominant event for intraday stocks for today. The repo rate stands at 5.25%, and the consensus from SBI Research, DSP Mutual Fund, Gaurav Maheshwari (CFO, Alankit Limited) and Abhishek Bhilwaria (AMFI-registered advisor) all point to a rate hold with neutral stance. For intraday stocks for today, the more important variable is the tone of Governor Malhotra’s commentary rather than the rate action itself. A neutral-to-dovish tone that signals continued patient easing would be the most positive outcome for SBI and REC. The 12 PM press conference is a second catalyst that could extend the morning’s move into the afternoon session for these intraday stocks for today.
The three scenarios and their impact on intraday stocks to buy today:
| RBI Outcome | SBI Impact | REC Impact | Cipla Impact |
|---|---|---|---|
| Hold at 5.25%, neutral-to-dovish tone | Strongly positive; target Rs 998-1,010 | Strongly positive; target Rs 348-356 | Mildly positive; target Rs 1,420 |
| Hold at 5.25%, standard neutral tone | Mildly positive; target Rs 998 | Mildly positive; target Rs 348 | Positive; target Rs 1,420-1,438 |
| Surprise hawkish signal or hike | Negative; stop at Rs 962 | Negative; stop at Rs 322 | Neutral-positive; defensive buying |
Risks for Intraday Stocks for Today 5 June 2026
- Hawkish RBI surprise: A rate hike or hawkish forward guidance beyond consensus would reverse the bullish bias for SBI and REC immediately. This is the primary risk for two of the three intraday stocks for today.
- Elevated post-announcement volatility: VIX at 15.89 is controlled but not low. On RBI announcement days, intraday ranges can expand 50-100% beyond normal. Position size should be 60-70% of normal for all intraday stocks for today.
- Wipro post-buyback selling: Wipro’s buyback record date is 5 June. Post-record selling could weigh on IT sector broadly and create mild negative sentiment for the broader market, indirectly impacting intraday stock direction.
- US payrolls data (Friday US time): Any early market intelligence about tonight’s US Non-Farm Payrolls could create secondary intraday volatility in the afternoon session for all intraday stocks for today.
How to Select the Best Intraday Stocks for Today
Selecting the right intraday stocks for today requires more than just looking at yesterday’s performance. The best intraday stocks to buy today emerge from a combination of: a clear catalyst (the RBI MPC decision at 10 AM today), relative strength in the prior session (SBI +0.91%, REC +2.93%, Cipla +1.71%), volume confirmation above the 20-day average, and a technically defined entry and exit structure. Ankit Jaiswal notes that traders searching for best intraday stocks for today often make the mistake of chasing momentum without a defined stop-loss, which is why the Univest framework for intraday stocks to buy today always includes a stop-loss as a mandatory component. Kunal Singla adds that the best intraday trading stocks for today on event-heavy sessions like today’s RBI day are those with clear sector-level catalysts, which is why all three picks — SBI (PSU banking), REC (power NBFC), Cipla (pharma) — are drawn from sectors with distinct event sensitivity rather than from broad market picks.
Traders looking for intraday stocks for today with targets should note that today’s three picks carry specific targets defined by technical OI data: Rs 998 and Rs 1,010 for SBI, Rs 348 and Rs 356 for REC, and Rs 1,420 and Rs 1,438 for Cipla. These are not arbitrary round numbers but are derived from the maximum Call OI concentration zones for each stock’s near-term F&O expiry. When price approaches these zones, the probability of resistance increases, which is why booking 50% at Target 1 for all intraday stocks for today is the recommended strategy.
Conclusion: Intraday Stocks for Today 5 June 2026
The best intraday stocks for today on 5 June 2026 are SBI, REC and Cipla, selected by Ankit Jaiswal and Kunal Singla at Univest after a thorough analysis of 4 June session data, F&O OI positioning and the single overriding event of the day: the RBI MPC decision at 10 AM. SBI at Rs 979.25 is the pure RBI event play with a target of Rs 998. REC at Rs 335.20 is the momentum continuation breakout play targeting Rs 348. Cipla at Rs 1,398.70 is the defensive hedge play targeting Rs 1,420. All three intraday stocks to buy today carry a minimum 1:1.4 risk-reward and are anchored around the 10 AM RBI announcement as the primary catalyst. Ankit Jaiswal stresses that the first 15-minute candle after the RBI announcement is the most important signal for all three intraday stocks for today. Kunal Singla reminds traders that VIX at 15.89 is supportive but position sizing should be conservative given the event risk. All three intraday stock picks for today should be squared off by 3:00 PM IST without exception.
Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.
Disclaimer: The securities quoted, if any, are for illustration purposes only and are not recommendatory. This article is for educational purposes only and shall not be considered as investment advice or a recommendation by Univest (Uniresearch Global Pvt Ltd, SEBI Registered Research Analyst INH000013776). Investments in the securities market are subject to market risks. Read all related documents carefully before investing. Registration granted by SEBI in no way guarantees the performance of the intermediary or provides any assurance of returns to investors. Past performance is not indicative of future results.
Frequently Asked Questions
What are the best intraday stocks for today 5 June 2026?
Ans. The best intraday stocks for today 5 June 2026 are SBI (entry Rs 975 to 982, target Rs 998, stop-loss Rs 962), REC (entry Rs 330 to 336, target Rs 348, stop-loss Rs 322) and Cipla (entry Rs 1,390 to 1,400, target Rs 1,420, stop-loss Rs 1,374). All three are selected by Ankit Jaiswal and Kunal Singla at Univest based on June 4 session momentum, volume confirmation and session-specific catalysts.
Which stocks to buy today for intraday trading on 5 June 2026?
Ans. Stocks to buy today for intraday trading on 5 June 2026 are SBI, REC and Cipla. SBI is the RBI MPC event play with a target of Rs 998. REC gained +2.93% yesterday and has strong breakout momentum targeting Rs 348. Cipla gained +1.71% on strong pharma volumes targeting Rs 1,420. Wait for the RBI MPC announcement at 10 AM before entering positions.
What is the RBI MPC impact on intraday stocks for today 5 June 2026?
Ans. The RBI MPC decision at 10 AM on 5 June 2026 is the single most important event for intraday stocks today. A repo rate hold at 5.25% with neutral stance is the consensus. A dovish RBI tone would be a strong positive trigger for SBI, REC, HDFC Bank and all banking and NBFC intraday stocks for today. Traders should wait for the 10 AM announcement before taking large positions in any intraday stock for today.
What are the intraday trading tips for today 5 June 2026?
Ans. Intraday trading tips for today 5 June 2026: Wait for the RBI MPC decision at 10 AM before entering positions. Use strict stop-losses: Rs 962 for SBI, Rs 322 for REC, Rs 1,374 for Cipla. Trade only after 15-minute candle confirmation above entry zones. VIX at 15.89 is below 16, which supports controlled intraday movement. Book 50% at Target 1 and trail stop to cost on the balance.
Why is SBI a good intraday stock for today 5 June 2026?
Ans. SBI is one of the best intraday stocks for today because it gained +0.91% to Rs 979.25 on 4 June, closing near its session high of Rs 985.80. The RBI MPC decision at 10 AM is the direct catalyst. A dovish rate hold would push SBI toward Rs 985-1,000. SBI has PSU banking sector support with DII buying of Rs +5,740.89 Cr providing a broad market cushion.
What is the entry level and target for REC intraday stock for today?
Ans. REC intraday stock for today 5 June 2026: Entry zone Rs 330 to 336, Target 1 Rs 348, Target 2 Rs 356, Stop-loss Rs 322. REC gained +2.93% on 4 June with 88.44 lakh shares traded, its strongest session in recent weeks. The breakout above prior close Rs 325.65 establishes bullish momentum for today’s intraday session.
Which sector is best for intraday stocks for today 5 June 2026?
Ans. The best sector for intraday stocks for today 5 June 2026 is banking and power NBFCs, directly driven by the RBI MPC decision at 10 AM. PSU banks like SBI and power financing companies like REC are the primary intraday stock picks for today. Pharma is the second-best sector given defensive demand and strong Cipla momentum. IT sector continues to face headwinds and is not recommended for intraday stocks for today.
How does India VIX affect intraday stocks for today?
Ans. India VIX at 15.89 on 4 June, down -2.39% from 16.28, is a positive signal for intraday stocks for today 5 June 2026. A VIX below 16 reduces intraday whipsaw probability and supports more controlled directional moves. This means intraday stocks for today are likely to respect technical levels more cleanly than in high-VIX environments. Ankit Jaiswal notes that VIX below 16 historically improves the hit rate of intraday setups.
