Don't take the trade under the area in yellow box. It will be very volatile and there is no setup under it.
It given falls Breakout and it is now retesting the box area.
What to do
1) Trending in daily time frame.
2)Don't short until it gives good signal bcz it is in uptrend.
3) required if box broken.- Important*
4) pattern req. for long position.eg etc.
5)Let the stock made momentum.eg use , for momentum.
6)Use 5 minutes time frame to trade.
Pro tip- If it open gapup more than 2% avoid it bcz probability of winning will be 50% which is not good.
All conditions should be mate-Required*
Don't take trade if any one of the above condition is not mate.
Quality matters not Quantity.
*This is only for education purpose do self analysis before investing.
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