If the market opens above 100 points in an uptrend and sustains above 41700 for at least 15 minutes, the next resistance level is likely to be 41900. This means that if the market opens with a significant upward momentum and remains above 41700 for at least 15 minutes, there is a good chance that it will continue to rise to 41900.
However, if the market opens flat and rejects the yesterday high, this could indicate a downtrend. In this case, the support level is likely to be 41100. A support level is a level in the market where there is a significant amount of buying pressure, which can make it difficult for prices to fall further. If the price drops below 41100, there is a good chance it will continue to fall.
It is important to remember that trading in the financial market can be risky, and it is important to do your own research and make informed decisions before making any trades.
However, if the market opens flat and rejects the yesterday high, this could indicate a downtrend. In this case, the support level is likely to be 41100. A support level is a level in the market where there is a significant amount of buying pressure, which can make it difficult for prices to fall further. If the price drops below 41100, there is a good chance it will continue to fall.
It is important to remember that trading in the financial market can be risky, and it is important to do your own research and make informed decisions before making any trades.