Will CM GX550 W (Bronze) be enough for HD7850

I am planning to buy MSI 7850 PE from SMC this month, but am not sure if my PSU CM GX550 W (Bronze) be sufficient to power this.

I don't want to spoil my budget for graphics card but at the same time I don't want to fry up things in my cabinet.

1. Which Power Supply do you have? (Be EXACT while naming the company and model)
Ans:CM GX550 W (Bronze)

2. What is your budget?
Ans: 16K

3. Which resolution will you game at?
Ans: Medium high

4. What are your current computer specifications?
Ans: Ausus P8z68V pro, CM GX550 W, Gskill Rip Jaws 4*2 GB, CM EVO 212 cooler, i5 2500k

Any suggestions about this situation !