Analysis of high multiplicity events produced in 158A GeV/c $^{208}$Pb-$^{208}$Pb collisions is carried out to study the event-by-event fluctuations. The findings reveal that the method of scaled factorial moments can be used to identify the events having densely populated narrow phase space bins. A few events sorted out adopting this approach are individually analyzed. It is observed that these events do exhibit large fluctuations in their pseudorapidity, $η$ and azimuthal angle, $φ$ distributi...