Nifty's bounce from 7822 from the crucial zone 7800--7825 was unexpected & gave sharp rise & touching previous high zone 7970--7980 which has been strong selling zone since Dec 2015. So, Once if it crosses 7980- Bulls can go long for targets 8025--8050 with stop loss 7924 once call is active. Long term Once we close above 8000- Bulls can trial the stop losses wherby expecting Nifty to touch upper boundary of the channel which comes in the zone 8200--825 where it shall complete equality target of its respective "a" wave (7517--7980). Regards