Technical Breakout Stocks: How to trade OFSS, PCBL and Sobha on Friday

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Key Points

The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 21,500.ANI..

The Indian market closed in the red on Thursday for the third consecutive day in a row..

Stocks that were in focus include names like OFSS which rallied more than 28% to hit a fresh record high, PCBL gained more than 11% to hit a fresh high, and Sobha Ltd closed with gains of over 11% on Thursday...

The stock broke above all its crucial resistance levels of 5,500 and 5,550, rising nearly 30% in Thursday's trading session, touching the levels of 6,622.80 in a single day on robust Q3 numbers...

The stock has successfully re-tested its breakout level and rose nearly 12% in Thursday's session on a proposal to raise funds via a rights issue...

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