We have touched the lower line of down trend channel, hence we can expect a pull back from marked area.
If we don't halt then 8300 zone is on the cards and expect the up move from the of 8300.
Moving up wont be that easy, as we can sea that falling and are above the price. Technically longs can be taken(Swing trade) after we are out of the down trend channel.
This is not trading recommendation, please risk your hard earned money according to your own analysis, plan, knowledge and wisdom.