Yes, if you intend to exit quickly... the breakout are good.
Also, what is your Stop Loss? You expect 74-68=6 pt gain. What if the trade does not work out, whats your SL.
Typically loss is max 10% of capital used. But if things go wrong I try & get out at entry price. That is why I am waiting for breakouts. Also do not want to sit for hours in front of terminal with open position with no action taking place.
The main thing is that my charts showed a clear sell @ 5732 yesterday(15 min time frame closing price dropped below 50EMA). It still is a sell but 5-EMA is showing signs of weakness. Also a 13-EMA touch(pullback) is overdue. That is around 5654. So I am keeping these 2 boundaries of 5654 & 5630.
If I had carried forward the 5700PE position I would keep stop loss trigger @ 100 (slightly below 15EMA for the option 15 mins chart) & tried to ride any further fall.