Asian Paints stock corrects 37% from peak. Is the bear run here to stay?

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Asian Paints shares have dropped 37% from their peak, currently trading around Rs 2,277.
A double bottom pattern and price breakout suggest a potential reversal and upward move.
A breach of Rs 2,420 could lead to a bounce towards Rs 2,700; RSI indicates potential for further upside.
Immediate support at Rs 2,200, with resistance near Rs 2,550; stock expected to consolidate within this range.

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