*Nifty* Soon after reaching another record high at 17225.75 during the morning hours, the equity index NIFTY50 slipped to hit an intraday bottom at 17055 just before the final trade which was initiated at 17076.25 with a loss of 56 on a daily basis. In the sessions ahead, we see 17000 level acting as a next possible support below which the NIFTY50 shall retest 16930-900 kind of levels sooner or later. On a positive note, if the index resumes its up move then 17225 needs to be taken out for any further upside thereafter.
