Nifty media has an overall upward trend. If we follow wave strategy, we see completion of 3rd wave and 4th wave seems to have started. The support level for wave 4 has been given. Wave 5th can take it to further higher levels and most of our media stocks short-term target could get achieved in 5th wave.
Disclaimer: This is a educational idea and not an investment idea. Please invest as per your risk and reward appetite.