Ascending channel breakout in TD Power Systems

I hope that the pictorial analysis is self-explanatory.

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

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Target Hit!!!!

New target: 293

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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