CMP of Asian Paints is at 2 very strong support levels:
Yellow Line - 3 Years support level
Green Line - 8 Years support level
Also, RSI (Monthly timeframe) of Asian Paints in last 9 years has always bounced back from ~50 levels. Current RSI can be assumed to be at its minimum level. So very good BUY opportunity for 10% gains in short term from current levels.
Trade active:
Looks like its bouncing back.