Buy Symphony, target Rs 2800: Meghana Malkan

Meghana V Malkan of malkansview.com told CNBC-TV18, "Overall if you see the higher timeframe charts, Symphony is good. Momentum is in good timeframe, good zone and I believe this would be a good time to buy at current levels with a stoploss of Rs 1950 and you could expect a target of around Rs 2800 levels in six to eight months time."

At 14:47 hrs Symphony was quoting at Rs 2,235, up Rs 102.75, or 4.82 percent.

The share touched its 52-week high Rs 3,270 and 52-week low Rs 845.60 on 21 April, 2015 and 16 May, 2014, respectively.

Disclosure: Analyst and her students may have some positions in the above stock.