Thanks!

you all guys for your positive response now flash player is active and working fine
Used the following link as hhadess mentioned.
Download PPAPI http://labs.adobe.com/downloads/flashplayer.html

uninstall all previous version and install above link for opera..

Its working smooth fine...

Again thanks..
Thanks

My details....
Version information
Version: 34.0.2036.39 - Checking for updates...
Update stream: Stable
System: Windows 7 32-bit
Browser identification

Mozilla/5.0 (Windows NT 6.1) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/47.0.2526.73 Safari/537.36 OPR/34.0.2036.39

Paths

Install: C:\Program Files\Opera
Profile: C:\Users\LSd&A\AppData\Roaming\Opera Software\Opera Stable
Cache: C:\Users\LSd&A\AppData\Local\Opera Software\Opera Stable

I tried to install adobe flash from web site. installation goes hand and i close it. I am not able to access any video and others files which support flash. this issues disappoint me and change my mind to switch to other browser after 11 years of good experience.
Please suggest steps or link to update flash.