Daily Trading Desk: Two trades for short term gains, an auto ancillary and chemical producer, both for for 8% upmove

The Nifty 50 experienced a volatile session, initially rising before facing significant selling pressure, dropping over 200 points from its high. It ended down by 41 points (-0.16%). PCBL Ltd saw a bullish trend after breaking out from consolidation, with increased volumes and technical indicators suggesting an 8% potential rise in price.