Asian Paints stock corrects 37% from peak. Is the bear run here to stay?
- Posted on February 7, 2025
- By Business News Today
- 3 Views
![](https://img.etimg.com/thumb/msid-117999764,width-1200,height-630,imgsize-6428,overlay-etmarkets/articleshow.jpg)
Asian Paints stock corrects 37% from peak. Is the bear run here to stay?
![](https://img.etimg.com/thumb/msid-117999764,width-1200,height-630,imgsize-6428,overlay-etmarkets/articleshow.jpg)
Asian Paints shares have been consolidating at around Rs 2,277 after a sharp decline from its peak. Analysts believe the stock is forming a base for a potential reversal, reinforced by a double bottom pattern and improved price action. A breakout above Rs 2,420 could signal an upward move to Rs 2,700.