Hi Vikas,
Overshoot measurement 25% means signal must cross atleast 30V (6V more for 24V). From the waveform max. value is not crossing 26V.
I disagree with that conclusion and I gave my explanation in the previous reply. I would need you to share the waveform file for me to be able to confirm what's going on with that measurement.
Channel 4 is at 5V only still scope trigger the waveform and giving false result.
No, your trigger is operating just fine, the problem is your sample rate is too low so you're missing events. You should increase the sample rate by decreasing the time/div or increasing the record length (or both).
I'll also say that you probably don't want to have your channels be bandwidth limited for such fast events, so I'd suggest going into the channel menus and switching "Bandwidth" to "Full".