Nifty Spot View: What Are The Key Levels For 14 August 2026?

Nifty Spot View: What Are The Key Levels For 14 August 2026?

Current Market Position
CMP: 24,395.85
20-Hour EMA: 24,398
40-Hour EMA: 24,435
20-Day EMA: 24,363
40-Day EMA: 24,220

Trend Assessment

Nifty is trading near its short-term hourly averages while remaining comfortably above its medium-term daily averages. This indicates a consolidation phase within a broader positive trend. The immediate battleground for traders is the 24,305–24,265 support zone.

Critical Support Zone
24,305 – 24,265 remains the most important intraday support area.

As long as this support zone remains intact on a sustained basis, the probability of an upward move remains favorable.

Upside Levels To Watch

• 24,550 – 24,620 : Immediate resistance zone.
• 24,745 : Secondary upside target.
• 24,850 : Extended bullish objective.

Bullish Scenario
If Nifty holds above 24,305–24,265 after opening and buying interest emerges, the index may attempt a move towards 24,550–24,620. A sustained breakout above this resistance band can extend the rally towards 24,745 and eventually 24,850.

Downside Levels

• 24,235 – 24,190 : First downside support zone.
• 24,000 – 23,950 : Major support cluster.

Bearish Scenario
A sustained breakdown below 24,305–24,265 would weaken the short-term structure and could trigger a corrective move towards 24,235–24,190. Further selling pressure may extend the decline towards the major support zone of 24,000–23,950.

Trading Summary
Above 24,305–24,265: Bias remains positive with targets of 24,550–24,620, followed by 24,745 and 24,850.

Below 24,305–24,265: Expect profit booking towards 24,235–24,190 and potentially 24,000–23,950.