Which Stocks witnessed Breakout & Breakdown on 10th October ?

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In today's stock market update, we have two exciting breakout candidates to discuss: NBCC and Chambal Fertilisers.

First up, NBCC (National Buildings Construction Corporation Limited) was spotted as breakout candidate . The stock has been trading with strong resistance at Rs. 61, but recent price action made it move above this level. Additionally, NBCC was seen to be approaching its 2019 highs.

Next, let's turn our attention to Chambal Fertilisers. This stock seen to be exhibiting a trendline breakout. It has recently crossed above its 20-day SMA and move supported by long buildup on derivative side.

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