The Nifty Media index closed up 2.60% on the day but is down 5.00% over the last one month. Dish TV Media Ltd gained 6.28% while Zee Entertainment Enterprises Ltd added 5.82% and Eros International Media Ltd fell 4.97%. The biggest losers on the day were Jain Irrigation Systems Ltd, which lost 5.23% in the 'A' group, and Themis Medicare Ltd, which crashed 11.71% in the 'B' group. The report provides a bullish outlook for the market and suggests a strategy of buying on dips with support at 11830-11750 and resistance at 11965-11885.