SRF Under Pressure: Key Technical Levels in Focus

closed in the red for the fifth consecutive session on Tuesday, 20 January 2026, indicating sustained selling pressure. The stock has also slipped below its 200-day DEMA, a widely tracked long-term moving average, which signals weakening technical structure. On the downside, the 2820–2770 zone emerges as an important support area, from where the stock has historically witnessed multiple rebounds, highlighting strong participation at these levels in the past. Price action around this zone will be closely watched by market participants for further cues. Will this key support zone manage to hold, or does the breakdown below 200 DEMA change the outlook? 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions. I, Akhilesh Jat (SEBI Registered Research Analyst – INH000016649), do not have any position in the mentioned scrip.