I want to build at home a simple and inexpensive IC based circuit for my overhead water tank to indicate level of the water by glowing 4 LED's for 25%, 50% ,75% and100%. Please Help.
Doing it electronically is more complicated. Here's an idea which should work in an automotive situation where the water is already connected to the vehicle chassis.
Yes, the capacitors provide AC coupling so no DC flows through the water.
I notice you've attached a datasheet for the TTL/LS 7414. This circuit will only work with CMOS gates because they have a high input impedance. It won't work with older TTL gates because their input impedance is too low.
If higher voltage operation is required you could use the CD40106 or 74C14 which will work up to 15V.
Yes, it's annoying when that happens which is why I generally write no more than a couple of lines for the first response to a thread like this. In this case I posted the schematic for your benefit as much as anyone else's.