Ascending channel breakout in TD Power Systems

I hope that the pictorial analysis is self-explanatory.

הערה:

Breakout failed! Can enter re-enter again after confirmed Breakout

הערה:

Target Hit!!!!

New target: 293

הערה:

promoters, shareholders likely to sell 24.2% stake worth Rs 800 crore via block deal.The offer price for stake sale is set at Rs 214 per share

Maintain Strict Stop Loss @ 204