In such a great market Media has Shown Terrible Performance.
Reasons
Both Weekly and Monthly Charts showing weakness and Support Region on Weekly is still far.
One can see further correction in these stocks.
Do not catch this falling knife and wait before you try to invest huge in any of these
My Favourite Stocks here are;
Zee Entertainment Sun TV Network Ltd Dish TV India TV18 Broadcast PVR
While Cash trades should look in other sectors for opportunities, F&O Traders can look for Shorting Setups.
NOTE: I would not short above mentioned stocks unless I have solid reasons because these are the big players and if any reversal happened. These stocks will likely trigger the rally. Be Safe.