𝗧𝗼𝗽 𝗦𝘁𝗼𝗰𝗸 𝗣𝗶𝗰𝗸𝘀 𝗳𝗼𝗿 𝗝𝘂𝗻𝗲 𝟰, 𝟮𝟬𝟮𝟲: 𝗖𝘆𝗶𝗲𝗻𝘁, 𝗧𝗶𝗺𝗸𝗲𝗻 𝗜𝗻𝗱𝗶𝗮, 𝗕𝗼𝘀𝗰𝗵
Aakash K Hindocha serves as Deputy Vice President of WM Research at Nuvama Professional Clients Group. He shared three buy recommendations for June 4, 2026.
Cyient
- Rating: Buy
- Last Close: 906
- Stop Loss: 875
- Target: 985
- The stock broke out above 900 after a 4-month cup-and-handle pattern. It rallied sharply after the breakout. The price has now pulled back to test the breakout zone as support. The structure stays positive if the stock holds above 900.
Timken India
- Rating: Buy
- Last Close: 3491
- Stop Loss: 3370
- Target: 3750
- The stock built a strong base over several weeks. It broke out above 3500 with a rounding bottom pattern. This signals a shift from sideways trading to an uptrend. The pattern points to an 8% to 10% upside from current levels.
Bosch
- Rating: Buy
- Last Close: 37760
- Stop Loss: 35700
- Target: 41100
- The stock broke above a sloping trendline in mid-April 2026 on weekly charts. It has traded in a tight range for 6 weeks. It has held above its 200-day moving average for 2 weeks. The stock gained for two straight days. It also closed above the prior day's high. This marks the first time in 3 weeks. The target stands above 41000.
Nifty Outlook
- The index recovered over 300 points from its intraday low. Buyers stepped in near the unfilled gap at 23150. The index still closed in the red. The 23400 level must hold through Friday for short covering to start. Upside targets sit at 23800 and 24100 for the coming week. Traders await the RBI MPC outcome.
Bank Nifty Outlook
- The index closed up about 1%. It held the 53500 support for two straight days. Short covering started after a brief dip below the previous day's low. The session saw a 1500-point swing. Upside targets for the coming week are 54600 and 55200 to 55450. Bank Nifty continues to lead Nifty. The 53500 closing support remains key.