With breakout trading strategy One can buy cumminsind for 5% as swing trade as spike in volume.
Buy can initiate on candle close price or on reversal price
Stop loss can be last swing (best) or candle low(risky)
Don't make trade complicated
Support , resistance , volume, with support for surety indicator (optional)
553 is resistance On hourly if it break 553,
T1- 560, T2-580 for short term.
With refernce to RSI and Ema 50 and Ema 60, if nifty is in positive side buy for atleast 5% stop loss will be last swing.
Educational:- With double bottom,trendline support, resistance breakout with reattachment and reversal.
Entry with spot price for target or wait till heigh break
