Gujral told CNBC-TV18, "TV Today broadly remains in a sort of a range where if it can stay above Rs 117, chances are that it may try to get upto Rs 150. Media overall has seen some strength but market has to follow through for this strength to continue. So, if somebody is holding longs from lower levels, probably they need to keep a stoploss of about Rs 110 and watch what it does out there. It is forming a pattern, which shows a longer-term bottom getting formed."