nifty media - an abandoned sector?? 2min readidk if media index will reach its 2018 high, but i can say it can likely move up at least 50% in the coming months.
Nifty Media and their stocks showcased poor performance since some years,
as per my understanding this sector has likely bottomed out, most of the media stocks i checked are looks like they are tired of falling and nobody wants them.
Big money will enter mostly at these lower price levels
- that means in some months u will see media stocks moving up 25%-50%-100%
and the public will only get to know about it after they already moved 25-50%
media stocks i think have bottomed out
zeel
ufo
saregama
hathway
ndtv
network18
suntv - near breakout level - not bottom
