Daily Morning Report – 14/08/2026

Date 14.08.2026

NIFTY OUTLOOK: 24395.85   FII -510.69 cr    DII 4353.09 cr

As discussed yesterday market behaviour remained on the expected lines during the day, as nifty failed to get supportive buying and slide almost near to our support of 24296 i.e. made a low of 24311.4, bounce from there and gave closing near to our first support of 24390 i.e. closing of 24395.85

Further the back to back bearish candle with lower wick suggest that buyers were restricted the sellers to take down the nifty further. Hence if nifty succeed to get supportive buying then it may rally upto 24485 to 24530 on decisively breakout of 24440. If more demand will accentuate then it may have chances to test 24573.

Furthermore from past two trading session bearish opening morubozu with lower high suggest selling pressure for nifty hence if nifty decisively breakdown 24351 then it may slide further upto 24307 to 24263. If more supply will accentuate then it may have chances to test 24218.

Bank Nifty OUTLOOK:                                                                                             

SPOT:  57635.25  Pcr: 0.86 Max Ce OI on 58000 & Max Pe OI on 58000

On August 13, 2026, a Bank Nifty index was closed at 57635.25 (-250.60) (-0.43%). The total movement in the index was 250.55 during the trading session.  The index made a high of 57799.15 and a low of 57548.60.

Technical view

Important support and resistance level of Bank Nifty Future are 57670 and 58200 respectively.

Intra Day support and resistance level of Bank Nifty Future are 57765 and 57956 respectively

The Relative Strength Index (RSI) for the Nifty Bank index at 51.5. Below 30 is considered oversold and above 70 overbought.

Bank nifty Day SMA Analysis

Bank nifty is trading above 6 out of 8 SMA’s (20, 30, 50, 100, 150,200 Day).

Bank nifty is trading below 2 out of 8 SMA’s (5, 10 Day).

No active Candlestick Pattern was identified in bank nifty on daily chart.

 Important Pivot Point Levels for Today          

Nifty (Spot)

Bank Nifty (Spot)

By Ashok Bhandari (RA)

SEBI Regd. No. INH00019549